Hydrogenics (Nasdaq: HYGS) seems to be facing similar headwinds in China, mostly with regard to funding, bid requests and grant approval. It said the country offered excellent prospects; everything was just moving along a bit more slowly than expected. At the very least, backlog at Hydrogenics added up to USD 132 million, more than half of which originates with Alstom contracts for fuel cell trains. Thirty trains have already been ordered and more are said to follow this year. (more…)
Considering the many possible uses of fuel cells, the market for them won’t go up in a straight line. Nor will the large-scale production of cheap renewable hydrogen be a goal that can be accomplished overnight. Still, new hydrogen fueling stations will be added at a steady pace, and it will only be a matter of time until mass-produced fuel cell cars are available for sale. (more…)
The sky’s the limit, you might have been thinking, when Tesla’s stock jumped from USD 240 to about USD 340 in few days. On Oct. 23, 2018, a short while before the company said that it would preschedule the publication of third-quarter results, a well-known short seller named Andrew Left, of Citron Research, changed his outlook on Tesla (Nasdaq: TSLA). In what seemed like a 180-degree turn from his previous position, he stated (more…)
Following a three-year break, the National Organization Hydrogen and Fuel Cell Technology held another NIP General Assembly between Dec. 5 and 6 last year. About 400 people came to Berlin to catch up on the latest developments regarding the National Innovation Program Hydrogen and Fuel Cell Technology, also known as NIP 2, or provide others with information about the same. (more…)
On Oct. 16, 2018, the eMove360° show in Munich was no longer an event that attracted mainly fans of battery-powered vehicles. For the first time, it featured a conference on fuel cell cars, attended by around three dozen people. However, the main question during this eMove360° Fuel Cell Conference, which took place at the same time as the show, was not whether battery or fuel cell vehicles would make it on the market but if and how the technologies could be combined. (more…)
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