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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.