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> If you think the battery prices will remain roughly where they are now, then sure it makes sense to invest in hydrogen road vehicles; No it doesn't. Electric
by panick21_ 4y ago
> If you think the battery prices will remain roughly where they are now, then sure it makes sense to invest in hydrogen road vehicles;
No it doesn't. Electric cars are already beating Hydrogen vehicles on price. And Hydrogen vehicles don't make a profit, they lose lots of money. while Tesla has a 30% automotive margin on their EVs.
Also, batteries will certainty get cheaper. Even if the materials don't get cheaper, production and an density improvements will make them cheaper. We know pretty well what standard batteries will look like 5 years from now because the product cycle is so long.
And the problem you mention is equally solve by people taking on bigger loans and paying more interest instead of paying for gas.
- ben_w 4y ago> Electric cars are already beating Hydrogen vehicles on price. Aim for where the ball will be, not where it is. But also don't take your eye off it. > Also, batteries will certainty get cheaper. While I share this opinion, my certainty is only at the level of "yeah, sounds likely", which is not appropriate for a discussion about what to invest in. > And the problem you mention is equally solve by people taking on bigger loans and paying more interest instead of paying for gas. Poor people get the worst rates and the least options, including in some cases no option to get loans.