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Honda Supports FirstElement Fuel Network

Thursday, November 20, 2014 5:01:00 AM PDT | VentureDeal
   Newport Beach, California  --  Honda announced that it will provide financial support to develop and expand the California Hydrogen Network.

The supporting funds will be provided to FirstElement Fuel, which has already built 19 hydrogen refueling stations throughout California.

Additional state grants along with the Honda financing may allow FirstElement to expand the network to at least 31 stations, though no date was specified.

FirstElement has received grants in excess of $27 million from the California Energy Commission and additional funding from Toyota.

Honda said it plans to "retail a fuel-cell car in 2016 and has advocated for a robust and comprehensive network of hydrogen stations to serve its customers."

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