What happened: Members of the car industry worked together at the World Economic Forum last month to create a much-anticipated plan to eliminate the need for car drivers to ever have to fill up their tanks again, using hydrogen fuel cells. Their goal is to replace the combustion engine by 2050, the New York Times reports. While the plan wasn’t presented at the conference, it’s a collaboration of roughly 60 experts and other auto executives from six major automakers and 32 countries.
What they’re saying: “If the target date comes to pass, it will be virtually a free lunch for humanity.” Eric Van Elferen, CEO of Toyota’s hydrogen fuel cell division, said. “More automakers are taking it seriously.”
The big picture: The plan would not only eliminate the need for fuel for cars, but would also have the positive impact of cutting greenhouse gas emissions, the Times reports. President Trump also recently set a 2025 goal for vehicles to be 50 percent electric. As part of its Accord 2050, the plan calls for a government funding partnership, which would increase access to hydrogen fuel stations and develop a network of hydrogen-fuel stations. To produce hydrogen, companies are already attempting to develop better nuclear reactors and are looking to build more extraction sites, like the Rocky Mountain Reservation.