July 14th, 2009
GM Signals Continued Commitment to Hydrogen Convergence
Since General Motors (GM) went into bankruptcy, many hydrogen skeptics and electric vehicle enthusiasts have questioned whether the new GM would continue to support hydrogen car development. Yesterday’s re-purchase of shares in the Hydrogenics Corporation should put an end to any speculations that GM had lost its taste for hydrogen cars or hydrogen convergence.
For those readers who are not familiar with Hydrogenics, they are a recognized leader in hydrogen generation, fuel cell products and services. This alliance sends very positive signals that GM will emerge a stronger company fully committed to hydrogen convergence and capable of competing in the post-Globalization Marketplace.
Zachary Alexander
The IT Investment Architect®