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Plug Power CEO Andy Marsh on E-Mobility & Hydrogen Fuel Cell Demand
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Plug Power CEO Andy Marsh on E-Mobility & Hydrogen Fuel Cell Demand
Andy explains, the difference between Hydrogen (produced by using fossil fuels) and Green Hydrogen (using renewable/green energy) and PlugPower’s intense focus on shifting fast towards Green Hydrogen production. Companies such as German Bosch and Chinese Diesel Engine maker, WeiChai, are investing billions into the HFC (Hydrogen Fuel Cells) market and its infrastructure, as to broaden its implementation. Regarding the passenger car sector, Toyota, Honda and Hyundai already offer FCEV’s (Fuel Cell Electric Vehicles).
Albeit expensive, FCEV will eventually offer a viable and cost-efficient alternative to fossil fuel powered cars and even BEV’s (Battery Electric Vehicles), such as Tesla cars. Some analysts agree, that car producers only focusing on Battery Fueled e-Mobility, can expect strong competition from cars powered by Hydrogen Power in a not so distant future. The main advantages of Hydrogen Fuel Cell e-mobility: fast refueling, long range, high power density. Disadvantages: relatively costly (due to current low levels scaling) and the need of more infrastructure investments.
Disclaimer: ‘I am an investor.’
#PlugPower #HydrogenFuel #AndyMarsh
Andy explains, the difference between Hydrogen (produced by using fossil fuels) and Green Hydrogen (using renewable/green energy) and PlugPower’s intense focus on shifting fast towards Green Hydrogen production. Companies such as German Bosch and Chinese Diesel Engine maker, WeiChai, are investing billions into the HFC (Hydrogen Fuel Cells) market and its infrastructure, as to broaden its implementation. Regarding the passenger car sector, Toyota, Honda and Hyundai already offer FCEV’s (Fuel Cell Electric Vehicles).
Albeit expensive, FCEV will eventually offer a viable and cost-efficient alternative to fossil fuel powered cars and even BEV’s (Battery Electric Vehicles), such as Tesla cars. Some analysts agree, that car producers only focusing on Battery Fueled e-Mobility, can expect strong competition from cars powered by Hydrogen Power in a not so distant future. The main advantages of Hydrogen Fuel Cell e-mobility: fast refueling, long range, high power density. Disadvantages: relatively costly (due to current low levels scaling) and the need of more infrastructure investments.
Disclaimer: ‘I am an investor.’
#PlugPower #HydrogenFuel #AndyMarsh
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