High Hopes, And
Hurdles, For Hydrogen Cars Part 4
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The 51-year-old founder of Lumber Liquidators isn't sure he'll ever make money
on the investment. Even he has doubts that hydrogen-fueled cars will ever make
it into mass-market production.
"I'm not counting on this for retirement," he says. "I'm just as happy if
technology comes up with something different to eliminate the country's
dependence on foreign oil. Until that comes along, I think hydrogen makes the
most sense. Instead of importing a billion dollars worth of oil a day, the
United States could export the equivalent in hydrogen technology."
Automakers say they're puzzled why the Obama administration is picking winners
and losers when they believe all options need to be on the table if the country
wants to be a leader in clean technology.
Oliver Hazimeh, head of the global e-mobility practice at consulting firm PRTM,
says electric cars will probably cost less than $35,000 by 2015, while
hydrogen-powered cars might have a price tag of $50,000 or more.
"Commercialization readiness is not the same as tech readiness," he says. "For
electric cars, the time horizon is much more visible."
By 2020, he expects electric plug-in cars to account for 10 percent of car sales
and 2 percent to 2.5 percent of all cars on the road.
Hydrogen-fueled vehicles, meanwhile, would probably only get to a half-percent
of car sales, but demand could get a boost starting in 2020, particularly with
significant technological breakthroughs, he says.
Automakers and industry observers say the road has room for both technologies,
but that hydrogen-powered cars offer some key advantages, including speedy
refueling times, as well as the ability to go longer distances and power
SUV-sized vehicles.
John DeCicco, a faculty fellow at the University of Michigan's Energy Institute,
isn't optimistic that sales for either type of vehicle will take off.
"I don't think there's a way to short circuit this other than legislation that
sets a legal limit on carbon emissions," he says. "There has to be a
consequence. Then automakers and oil companies will figure it out."
Sweden, Stockholm,
Chile, Santiago,
Benin, Porto-Novo
Bundaberg, Queensland,
Port Augusta, South Australia
Morocco Rabat
Provo Utah USA
Sale, Victoria,
Bendigo, Victoria,
Brisbane, Queensland,
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