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In hydrogen versus electric, it would seem that hydrogen offers way more to the auto and fuel industries in terms of ability to extract ongoing payments out of
by natch 5y ago
In hydrogen versus electric, it would seem that hydrogen offers way more to the auto and fuel industries in terms of ability to extract ongoing payments out of consumers for parts, single source or limited / controlled source fuel, and maintenance of a large complex system of high tech components.
It also ties the consumer to that fuel system with no other options. You can’t, in other words, fill up at home in your parking spot.
The potential for auto parts profits is high because hydrogen, being the smallest molecule, is notoriously corrosive as it is able to leak through almost any material. And able to bond with many molecules, causing corrosion. So I would expect a lot of degradation over time.
So I guess that’s why Toyota loves this: ongoing parts sales. As a former Toyota owner, I loved the reliability at first, but it was not absolute, and the parts cost for repairs started approaching the cost of car payments as the car got older.