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Renault, Plug Power Form Venture for Hydrogen Delivery Vans

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Plug Power Inc. and Renault SA are forming a joint venture to build hydrogen-fueled delivery vans in Europe as the century-old automaker bets the gas will play a key role in the future of clean transportation.

The companies will offer both the vehicles and the hydrogen-fueling stations to supply them, according to a statement Tuesday. They aim to start production by early 2022, building tens of thousands of light-duty commercial vehicles annually by 2030. Financial details were not disclosed.