Now you can follow in more depth Elon Musk statement about the Hydrogen and Fuel Cells.
"This is one more great opportunity to listen to Elon Musk. He is covering Tesla Patents, Competition, GM Bolt, Gigafactory and batteries, Tesla Model III and X, Superchargers and sales in China. Please listen to his thoughts on the touchy subject of Hydrogen fuel cells. "We do not have even to discuss it. Hydrogen Fuel Cells are extremely silly and it will become obvious in a few years time". "Electric cars are very efficient and much cheaper even with Oil price at 50 dollars." Other companies are taking his vision into account already. Watch the video."
"Eric Wesoff reports on very interesting development in China. Boston Power is building its own Megafactory to produce lithium batteries and even the super cheap urban EV for ... $8,000. It will be the game changer for the booming market for EVs in China, where EV sales are up 320% last year. We have discussed LG Chem Megafactory before and now you can appreciate more recent move of our strategic partner Ganfeng Lithium. China is building very fast its new strategic industry - electric cars. International Lithium is the part of the vertically integrated Lithium business with Ganfeng Lithium in China."
"I continue my research into Hydrogen and Electric Cars. Technically Hydrogen cars are electric as well, instead of only storing energy in the lithium battery you have the small energy producing plan on board called Hydrogen fuel cell. You can sense the trouble already - the full energy cycle has a very low efficiency as the chat above shows. After further research you will realise that Hydrogen cars are the same EVs with the fuel cell range extender, Lithium battery is still needed for the specific power compensation and regenerative breaking.Hydrogen is the future ... and will always be. Electric cars are already here and pouring onto our streets in numbers now, Hydrogen based are still just a few prototypes with total lack of infrastructure. Tesla Superchargers will allow 98% of US population to cross the country from coast to coast by 2015. We have sun and wind with other alternative energy to power all our electric cars theoretically, where the Hydrogen will come from? The reports show that the cheap natural gas is the only answer here and it means Fracking in US and UK - so much for the green part of this dream and its sustainability. Apart from huge lost of energy in the full cycle, we will stay with the same old boys from the big oil who is behind this push. No energy security, no distributed energy generation, just the same old needle provided by the same people.Hydrogen will be viable as the additional source of energy once its economics improves, but why distract the attention now instead of focusing on electric cars available lithium technology? This is what Elon Musk at Tesla and China are doing now. Tesla Gigafactory will bring even more reliable, cheaper lithium batteries to power EVs with Tesla Model S and X reaching 400 miles range. It will allow to build Tesla Model III - 35k electric car with 200 miles range to ignite the mass market. Read more."