Plug Power is focused on driving down costs of its fuel cell technology, to increase revenues and create more potential to expand into new markets.
The Latham, New York, fuel cell manufacturer said that it is focusing on improving its stack technology to be two times as powerful and 25 percent cheaper to make. Improving this technology will mean new opportunities in more markets, including ground support equipment, delivery vans, buses and trucks, as well as material handling. It will be comparable to the technology in Toyota's Mirai, one of the first commercially sold hydrogen powered cars.
