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Stock impact report

Honda is sending its hydrogen tech to space [Verge, The]

Honda Motor Company, Ltd. (HMC) 
Last honda motor company, ltd. earnings: 2/7 03:16 am Check Earnings Report
US:NYSE Investor Relations: world.honda.com/investors
Company Research Source: Verge, The
The automaker is teaming up with space tech companies Sierra Space and Tec-Masters to test its high-differential pressure water electrolysis system on the International Space Station. The test is part of Honda's vision to support life on the Moon and elsewhere in space using regenerative fuel cell technology that continuously produces hydrogen, oxygen, and electricity. It's another risky move from Honda, which is more bullish on hydrogen than most other automakers . Hydrogen-powered cars have historically faced a lot of hurdles, including fueling challenges and pricing pressures. But Honda is counting on hydrogen to help it decarbonize its vehicle fleet by 2040. And now it wants to tap into the most abundant element in the universe to power its push into space. Honda says it envisions its hydrogen-powered regenerative system as part of a human settlement on the lunar surface. But it also hopes that by stress testing the technology on the Moon, it can prove its utility on Earth. Show less Read more
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