April 23, 2015 (www.investorideas.com newswire) There is divided opinion on future of traction fuel cells in electric vehicles, though few argue any more that they will power the majority of electric vehicles. Nonetheless some manufacturers are very enthusiastic and now could be the beginning of the end of the trough of disillusionment, indeed the time to invest, as analysed in the IDTechEx report "Fuel Cell Electric Vehicles 2015-2030: Land, Water, Air" www.idtechex.com/fuel.
A comparison of views is shown below (Source: IDTechEx):
Enthusiastic: Toyota, Nissan, Honda, Hyundai
Seen as a part of the toolkit in future: Yutong (sees fuel cell EVs following future success with pure electric on-road EVs not preceding it), GM, BMW, Daimler, Ford, Suzuki
Dr Harrop, Chairman of IDTechEx believes, "Fuel cells will have significant, profitable use in a significant minority of vehicles by 2025, maybe a few percent. However, time waits for no one and a window of opportunity is closing: there is little scope for further slippage in timescales as pure electric alternatives are rapidly improving too and they are already successful in a huge variety of vehicles".
Analysts at IDTechEx feel that it is particularly significant that, for use in open systems, electricity is ubiquitous - the more so with multiple forms of energy harvesting appearing on vehicles and their charging stations to produce substantial amounts of electricity. Hydrogen distribution will never be ubiquitous at private homes, though Honda has developed a small photovoltaic hydrogen-making station for vehicles.
Nevertheless, it is now, at the bottom of the hype curve, that prudent investment in the vehicle fuel cell value chain can be worthwhile. A large number of significant improvements are promised from viable green hydrogen to replacement of expensive platinum in the devices and some must surely be successful, mainly from 2020 onwards as the IDTechEx timelines in the report testify.
However, whereas there is great scope for consolidating the finished EV business, as Polaris Industries is proving with the highly fragmented industrial, leisure and commercial light EV sectors, there is only limited scope for consolidating the vehicle fuel cell business as yet. That is because technological change is accelerating and many fuel cells are made by vehicle manufacturers.
IDTechEx www.idtechex.com guides your strategic business decisions through its Research and Events services, helping you profit from emerging technologies.
We provide independent research, business intelligence and advice to companies across the value chain based on our core research activities and methodologies providing data sought by business leaders, strategists and emerging technology scouts to aid their business decisions.
IDTechEx Research Subscriptions
Subscribing to IDTechEx research services gives you access to a wide range of our technology and market research on a given topic or across topics. It provides you with unlimited access to new related content throughout the subscription period and on-going support from our dedicated team. See www.IDTechEx.com/subscriptions for more details.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire http://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.