IntellZine
just wrote an article on how to Invest in the Future of Self-Driving Cars
and EVs (https://www.intellzine.com/2020/12/invest-in-future-of-self-driving-cars.html).
What’s not really covered is the
Sustainability of EVs, self-driving cars etc. Internal combustion engines predominantly
use fossil fuels but they can use renewable ethanol or biodiesel. Electric cars
have the most promise because it is much easier to produce electricity from
renewable sources like hydro, wind and solar. Plus, wind and solar have become
the best and cheapest source of stationary electricity, even considering the impact
of batteries.
But one mobile power method that is
not considered as much is hydrogen. In terms of stationary electricity, fuel
cells can be used for emergency backup power (nearly instant on) and/or for
continuous power. Although there are lots of ways to make hydrogen, all you
really need is energy and water. (How to get hydrogen from Energy.Gov.)
Currently, the most common method, by far is from NatGas or Ammonia.
Fuel cell has interesting solutions
to the battery problems, especially for range extension. Plus, hydrogen filling
stations are being added along major routes, but nothing like electric charging and NatGas (see chart here). As the IntellZine article
discussed, some of the fuel cell companies have gone up wildly over the last 6
months, especially Plug. Plug (PLUG) built its business on fuel cell forklifts;
a super clean and very efficient approach. Investors might be looking at the
future markets for fuel cell and pricing for it. Or, they might simply be
wrong.
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