April 1, 2005

DaimlerChrysler commits US$70 million to fuel cell development

Washington, D.C. – DaimlerChrysler has entered into an agreement with the U.S. Department of Energy (DOE) to further develop fuel cell vehicles in the United States. DaimlerChrysler will invest over US$70 million over the five-year partnership, which follows a similar announcement of a US$88 million between the DOE and General Motors.

“DaimlerChrysler has worked with the Department of Energy from the beginning,” said Deborah Morrissett, Vice President-Regulatory Affairs, Chrysler Group. “We have a fleet of fuel cell vehicles ready to go into service in this demonstration program. This is an example of the type of partnership that is necessary to accelerate the evolution of the fuel cell vehicle and to reduce the dependency on oil in the United States.”

Currently, the Mercedes F-Cell four-door passenger car is being manufactured under volume production conditions; the company is testing the Dodge Fuel Cell Sprinter van with the UPS courier company; and DaimlerChrysler operates a fleet of fuel cell powered Mercedes Citaro buses in public transportation in several countries. The company has 100 fuel cell vehicles in its worldwide fleet, more than any other company.

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