17 July 2002: Renault has joined with Nuvera Fuel Cells to pursue research and product development into multi-fuel processing technologies for fuel cell vehicles.
The joint program seeks to deliver a fuel processor that can be adapted to on-board vehicle requirements for Renault by 2004. Renault hopes to launch a viable fuel cell vehicle by 2010.
Nuvera says that it is accelerating the development and commercialisation of its automotive platform of fuel cell stacks and multi-fuel processors.
The world fuel cell market will more than triple through 2005 to 8.5 billion euros, and exceed 23 billion euros by 2010. Fuel cells are receiving extensive investigation due to their inherent nature as low-polluting, high efficiency energy sources