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The American Conservative Case for Electric Vehicles (5 Reasons That Are Not The Environment)

Given the recent election results, it's very likely that there will be sweeping legislative changes in the areas of energy and environme...

Tuesday, February 17, 2015

Fuel Cell Manufacturers Struggle As Technology Remains Uncompetitive Long Term

via  Seeking Alpha

Summary

  • Even the biggest proponents of the technology are having trouble proving that fuel-cells will be economic long-term versus (plug-in) alternatives.
  • Without the ability to bridge the large cost gap between fuel-cells and electric vehicles, this technology shouldn't remain viable long-term.
  • Major companies producing fuel cells include Ballard Power and Plug Power.
  • Without the long-term viability of their technologies, both companies face a continued need to raise capital.