LISTEN: Honda, GM to End U.S. Manufacturing Joint Venture This Year

https://www.ien.com/video/video/22959460/honda-gm-to-end-us-manufacturing-joint-venture-this-year

Honda said earlier this month that it reached a decision with General Motors to discontinue their Fuel Cell System Manufacturing (FCSM) joint venture by the end of 2026, bringing nearly a decade of collaboration to a close.

The Japanese company’s announcement comes a few months after GM said the joint venture would stop producing hydrogen fuel cells for data centers and power generation. While the American automaker acknowledged hydrogen’s potential for high-demand industrial applications, it called the path to a sustainable fuel cell business “long and uncertain”—citing high costs and limited U.S. infrastructure that hinder consumer adoption of fuel cell-powered vehicles.