The latest technology making the rounds in the automotive world is a 48-volt system. This quadrupling of the onboard voltage from the earlier 12 volts reduces the current required for a given amount of power by a factor of 4 (P = U x I). A smaller current makes thinner cables possible. Considering the length and number of wires installed in today’s vehicles, the new approach results in a notable reduction in weight and thus fuel consumption. (more…)
The automotive industry is working in high gear on the mass-market introduction of hydrogen and fuel cell technologies. To support their efforts, AVL List partnered with HyCentA Research to develop and build test equipment for researching polymer electrolyte membrane or PEM systems. The result has been a unique research setup that makes it possible to analyze fuel cell systems (more…)
Tesla (TSLA, US$245.00) has many friends in the offices of major banks and leading broking firms on the stock exchange. This is not only expressed in the market price, and especially the strong price increases in recent weeks (over 20%), but in many favorable comments and classifications. At the same time, there has been heavy speculation on falling prices when one looks at the number of short-sold shares (short interest) which is hovering around 24 million shares – with approx. 95 million shares which can be traded freely (approx. 124 million shares are outstanding).
Recently, the announcement of a new, high performance battery with the name PowerWall has recently caused a stir and resulted in strongly (more…)
The NASDAQ tower with Plug Power advertising (Source: Plug Power)
At first glance, the figures for the first quarter of 2015 turned out to be disappointing: a loss of US$11.1m. with a turnover of US$9.4m. (+ 69% compared with the same quarter in the previous year). However, Plug Power (PLUG, US$2.65) has also succeeded in generating an orders backlog of US$160m. (US$46m. in the 1st quarter, goal for this year: US$200m.). 265 GenDrive systems have been accounted for, while the accounting for a further 419 has been delayed to the second quarter. One H2 filling station has been accounted for while seven are to begin their duties in the second quarter (2014: 10 H2 filling station installation, there are to be more than 15 in 2015). As stated by the executive team during the telephone conference, the turnover is set to (more…)
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