More
    HomeTechnologyGreenTechBallard Averaging $55 Million Annual Losses While Pushing Hydrogen Rock Uphill With...

    Ballard Averaging $55 Million Annual Losses While Pushing Hydrogen Rock Uphill With Grants

    Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!


    There are three long running supporting cast members in stagings of the sad farce that is trials of hydrogen for fleets, FuelCell Energy, Plug Power and Ballard Power Systems. All of their market capitalizations peaked roughly 99% above their current stock valuations in 2000. They’ve all participated in innumerable hydrogen fleet trials, yet none of the trials has resulted in hundreds or thousands of vehicles operating on hydrogen. Quite the opposite, most have resulted in hydrogen being abandoned entirely.

    Odyssey of the Hydrogen Fleet infographic by Michael Barnard, Chief Strategist, TFIE Strategy Inc, icons by ChatGPT & DALL-E

    It was a sufficiently robust pattern that I had fun writing a notional, six-part play around the theme, the stages being so clear and the hydrogen chorus so…

    Read the full article originally published at cleantechnica.com.

    CleanTechnica
    CleanTechnicahttps://cleantechnica.com
    CleanTechnica is the #1 site in the US for cleantech news & commentary. Focus on solar energy, wind energy, electric cars, and other clean technologies.
    RELATED ARTICLES

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    - Advertisment -

    Most Popular

    Recent Comments