Ford (F), Daimler (DDAIF.PK), and Renault (RNSDF.PK) will team up to share development costs for...

|About: Ford Motor Company (F)|By:, SA News Editor

Ford (F), Daimler (DDAIF.PK), and Renault (RNSDF.PK) will team up to share development costs for fuel-cell vehicles systems. Despite the persistent doubts, the automakers think the emission-free technology might have a future if system designs are in common and volumes can be leveraged to achieve an economy of scale.