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Germany Reportedly To Invest $265 Million To Support H2 Vehicles In Germany

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BERLIN December 14, 2016; Michelle Martin writing for Reuters reported that -- Germany's Transport Ministry will invest 250 million euros ($265 million) by 2019 in making hydrogen-fueled cars suitable for mass production, German newspaper Die Welt said today, without citing its sources.

Some of the money will be used for research and development with the aim of making such cars competitive and some of it will be used to develop infrastructure such as fueling stations, the report said.

It said the German government had agreed on a support program for fuel-cell cars that would run until 2026.

"With electromobility and automated and connected driving, the biggest mobility revolution since the invention of the car is ahead of us," Transport Minister Alexander Dobrindt told the newspaper.