Post by
PendleStock on Jun 09, 2023 1:25pm
Why DM EVS Should Not Worry about Hydrogen Pump
EVs are generally more energy-efficient than hydrogen vehicles though I'd like DM to explore that business in the coming years.
The process of producing, compressing, and transporting hydrogen requires a lot of energy, which reduces the overall efficiency of hydrogen vehicles but they are improving daily with Toyota and OTHER manufacturers promising as much.
In contrast, EVs directly convert electrical energy to power, resulting in higher overall energy efficiency and thus are higher in the adaption curve.
DM should explore investing and running both charging stations after DM EVS success
Comment by
Markhamjohn on Jun 09, 2023 5:21pm
Forbes had an interesting article regarding Electric vs. Hydrogen cars. Based on it and government EV interest I would say that EV's will be the primary technology for a good number of years to come. https://www.forbes.com/sites/kensilverstein/2022/08/10/electric-vehicles-or-hydrogen-fuel-cell-cars-the-inflation-reduction-act-will-fuel-both/