The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOcado Share News (OCDO)

Share Price Information for Ocado (OCDO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 398.40
Bid: 398.20
Ask: 399.30
Change: -12.00 (-2.92%)
Spread: 1.10 (0.276%)
Open: 406.00
High: 406.00
Low: 396.50
Prev. Close: 410.40
OCDO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ford to test small UK fleet of hydrogen fuel cell E-Transit vans

Tue, 09th May 2023 11:24

LONDON, May 9 (Reuters) - Ford Motor Co said on Tuesday it will test a small fleet of prototype hydrogen fuel-cell versions of its electric E-Transit model to see if they are a workable zero-emission option for customers hauling heavy goods long distances.

Ford will lead a consortium in the three-year project that includes BP, which will focus on hydrogen and infrastructure, and British online supermarket and technology group Ocado.

"Ford believes that the primary application of fuel cells could be in its largest, heaviest commercial vehicles to ensure they are emission-free, while satisfying the high daily energy requirements our customers demand," Ford's UK chairman Tim Slatter said in a statement.

Interest in using hydrogen fuel cells to power trucks and vans is getting a boost from fleet operators looking for a more practical alternative to electric vehicles and rising government aid, particularly the U.S. Inflation Reduction Act (IRA).

While most of the world's combustion engine cars and short-distance vans and lorries should be replaced by battery electric vehicles (BEVs) over the next two decades, hydrogen fuel-cell proponents and some long-haul fleet operators say batteries are too heavy, take too long to charge and could overload power grids.

Vehicles with hydrogen fuel cells, in which hydrogen mixes with oxygen to produce water and energy to power a battery, can refuel in minutes and have a much longer range than those with BEVs.

But there are major challenges to be overcome for mass adoption of hydrogen fuel cells, including the lack of fueling stations and green hydrogen made using renewable energy to power them.

The project is partially funded by the Advanced Propulsion Centre, a government and auto industry venture. (Reporting by Nick Carey; Editing by Bernadette Baum)

More News
Today 07:49

LONDON BRIEFING: IDS agrees to takeover by Daniel Kretinsky-led group

(Alliance News) - Stocks in London are called to open lower on Wednesday, as Asia heads down and after a mixed performance on Wall Street.

Read more
Today 07:18

Darktrace, Vistry Group up for promotion to FTSE 100

LONDON, May 29 (Reuters) - Cybersecurity company Darktrace and homebuilder Vistry Group are two candidates for inclusion in the FTSE 100 in the upcoming quarterly review, index provider LSEG said in a note released late on Tuesday.

Read more
28 May 2024 19:17

TOP NEWS: Ocado and St James's Place set for FTSE 100 demotion

(Alliance News) - Ocado Group PLC's stint in the FTSE 100 is set to end, with another technology firm Darktrace PLC set to replace it in the top flight, according to indicative index changes by FTSE Russell on Tuesday.

Read more
28 May 2024 17:02

FTSE 100 logs worst day in a month as rate, political uncertainty weigh

FTSE 100 down 0.8%, FTSE 250 off 0.3%

*

Read more
28 May 2024 12:22

LONDON MARKET MIDDAY: FTSE 100 falters ahead of incoming US data

(Alliance News) - Stock prices in London were predominantly higher at midday on Tuesday, though the FTSE 100 remained in the red, ahead of data from the US this afternoon.

Read more
28 May 2024 09:12

LONDON MARKET OPEN: FTSE 100 stumbles as campaign trail heats up

(Alliance News) - Stock prices in London opened a mixed bag on Tuesday, with the FTSE 100 trending lower, but smaller indices on the up.

Read more
24 May 2024 15:19

London close: Stocks mixed after disappointing retail sales data

(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.

Read more
24 May 2024 09:23

LONDON BROKER RATINGS: HSBC cuts Aviva; Deutsche Bank cuts Ryanair

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

Read more
22 May 2024 10:08

M&S doubles down on refusal of final payment for Ocado Retail

LONDON, May 22 (Reuters) - Marks & Spencer reiterated its position on Wednesday that it does not have to make a final payment to Ocado Group for its share of the Ocado Retail online supermarket joint venture.

Read more
21 May 2024 09:12

TOP NEWS: Food price inflation at lowest level since October 2021

(Alliance News) - Food price inflation fell for the fifteenth month in a row while sales ticked higher, figures on Tuesday showed.

Read more
21 May 2024 08:00

UK grocery price inflation falls to 2.4%, says Kantar

*
Grocery inflation at lowest level since Oct 2021

Read more
13 May 2024 09:41

LONDON BROKER RATINGS: BAE Systems and Mondi cut to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:

Read more
9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
7 May 2024 09:51

LONDON BROKER RATINGS: AstraZeneca target raised; Antofagasta lowered

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Friday:

Read more
2 May 2024 17:06

FTSE 100 boosted by strong earnings from Shell, StanChart

StanChart jumps after posting a 5.5% rise in pretax profit

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account