Burnaby Says Bye-Bye To Fuel Cell Venture -- June 14, 2018

Until the Trans Mountain Pipeline Expansion project came along, I was probably the only person in North America who had not heard of Burnaby, British Columbia.

Now, Burnaby, is ground zero for those who hope to stop the pipeline project.

But, it turns out, there's something else coming to a stop in Burnaby.

Reuters is reporting that Ford and Daimler will end their fuel cell joint venture based in Burnaby.

Both companies will take their respective fuel cell technology development in-house.

The Automotive Fuel Cell Cooperation Corp venture, based in Burnaby, British Columbia, will close this summer.

Despite years of research and investment by major automakers and startups, vehicles powered by fuel cells remain a tiny niche in the global vehicle market.  

Meanwhile,

Honda Motor Co and General Motors Co are collaborating on fuel cell development, and Toyota Motor Corp is ramping up efforts to mass-produce fuel cell stacks. Earlier this week, Ballard Power Systems Inc extended a contract with Volkswagen AG’s Audi unit to work on fuel cell development.