The bus, which runs on formic acid, a chemical found in ant venom, is being touted as a much cheaper solution than hydrogen. Photo:  Flickr/Jeff Kubina

The bus, which runs on formic acid, a chemical found in ant venom, is being touted as a much cheaper solution than hydrogen. Photo: Flickr/Jeff Kubina

EINDHOVEN, Netherlands —  A group of students have developed the first bus to run on formic acid, the chemical found in ant venom, BBC News reported.

The students, from Team Fast, a spin-off company from Eindhoven University of Technology in the Netherlands, has found a way the acid can efficiently carry the ingredients needed for hydrogen fuel cells, used to power electric vehicles, the report said.

An electric bus is set to hit the road in the Netherlands later this year where it will run on conventional bus routes and appear at various events, according to BBC News.

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