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I appreciate Toyota still sticking with fuel cells when none/few others are. We need alternatives, and there will be markets where hydrogen makes more sense th
by flurdy 6y ago
I appreciate Toyota still sticking with fuel cells when none/few others are.
We need alternatives, and there will be markets where hydrogen makes more sense than electric etc.
But as a company/shareholder it seems nuts. They are swimming against a massive current and investing lots of money that instead could have gone on their EV offering.
- OliverJones 6y agoOffering the fruits of their fuel-cell development in standard OEM packaging is good business. It potentially unleashes all sorts of creative grid-disconnected applications. Not everything electric is a road-certified vehicle. It makes those applications able to succeed at fairly low volume. Farm equipment? Fork trucks for warehouses? Backup power generation? Now, if they can get those boxes to run both directions (to consume power and water to produce hydrogen when needed) that will be very interesting. Of course, this may also be a hail-mary attempt to monetize their years of R&D of fuel cells for vehicles. We gotta try everything!