Fuel Cells
Troubled hydrogen truckmaker Nikola exceeds sales target but revenue falls due to losses on every vehicle sold
Nikola may have sold 40 hydrogen trucks wholesale in the first quarter of 2024 — five more than it had set as a high-case target in a February outlook — but the troubled zero-emission automaker still saw its revenue drop by more than a quarter from $10.7m in Q1 2023 to $7.5m. A major reason…
Read MoreUS aims to drastically reduce costs of hydrogen electrolysers within two years
The US government’s Hydrogen and Fuel Cell Technologies Office (HFTO) plans to drive the cost of proton exchange membrane (PEM) electrolysers to a quarter of their current cost within two years, according to its latest Multi-Year Program Plan. The agency, which is the Department of Energy’s office for H2 research, development and deployment with a…
Read More‘Truck manufacturers could spread themselves too thin by investing in hydrogen combustion engines’: BNEF
Hydrogen combustion engines appear to be gaining steam as a way to decarbonise heavy vehicles, with manufacturers Bosch in Europe and the US, FAW in China, and joint ventures Tata-Cummins and Reliance-Ashok Leyland in India all planning to launch H2 engines for trucks this year. However, recent analysis by research house BloombergNEF (BNEF) warns that…
Read MoreStellantis to introduce its first hydrogen-powered vehicle in the North American market
European-American vehicle maker Stellantis — which owns brands such as Chrysler, Fiat, Citroën and Maserati — is to launch its first hydrogen-powered vehicle in the US, according to the groups’s head of H2, Jean-Michel Billig. Back in February, Stellantis unveiled hydrogen-powered versions of eight of its existing battery-electric vans for the European market, and almost…
Read More‘Hydrogen highway’ | Air Products plans network of permanent H2 refuelling stations in Canada
Industrial gases giant Air Products has announced plans to build a “network of permanent, commercial-scale multi-modal hydrogen refuelling stations” for heavy-duty trucks in the Canadian province of Alberta, stretching 300km between the cities of Edmonton and the province’s oil & gas capital, Calgary. The announcement comes as Alberta promised C$57m (US$42m) in funding for 28…
Read MoreChina to dominate hydrogen transport this decade, with major growth in Europe and US not expected until 2030s: Bosch
China will lead the market for hydrogen fuel cells in the transport sector, with limited growth in Europe and the US until the 2030s, the chairman of fuel-cell manufacturer Bosch said yesterday (Thursday). Speaking at a press conference, Stefan Hartung explained: “In 2023, we launched production of [PEM] fuel cell systems in Stuttgart, Germany, and…
Read MoreWorld’s largest hydrogen-taxi operator launching new fleet in Brussels as first step of international expansion
The world’s largest operator of hydrogen taxis is launching a new service in Brussels — the first step in Paris-based Hype’s plans to roll out zero-emission vehicle fleets across southwest Europe. By the end of this year, the company will have more than 1,500 fuel-cell taxis and “several hundred” battery-electric taxis in Paris, where it…
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