Future of Hydrogen Fuel Cell EVs

Daimler and Volvo's New Fuel Cell Joint Venture

Source:  Daimler

Toyota's Hydrogen Powered Smart City

Volvo and Mercedes' parent company Daimler

have announced a joint venture to develop

and make hydrogen fuel cell systems for

big, heavy duty trucks - the biggest

polluters on global highways.

Daimler's truck division is spearheading

the effort.  Volvo is pouring in $652 million

for a 50% stake in the venture.  This

new JV is an important look at the

future of greener highways.

Hydrogen's Advantages

Electric vehicles powered by

hydrogen fuel cells have

significant advantages.  They provide

much longer range, quick refueling

times and emit water, not noxious

carbon dioxide pollution.  In Japan,

both Toyota and Honda are selling

fuel cell Electric Vehicles.  In fact,

Toyota, in particular, is betting the

future will be driven by hydrogen

fuel cells.  At the base of Mount

Fuji, Toyota is building a small,

smart city totally powered by 

hydrogen to demonstrate how

effective an energy source hydrogen

is.  

Greener Future

Many experts call hydrogen a

big piece of the energy mix of the

future.  But, we still remain some years

away from mass produced and

competitively priced hydrogen fuel

cells.

To take a look at journalist Edward

Kane's recent books

on innovation in Electric Vehicles, Travel

and my just published "Space 2020's:  What's

Up There?", go to amazon.com/author/ekane 

These are important innovations for

investors to know about. I am the

co-author of the books with Ed.

Breakthrough global innovations for investors to explore