Close menu




October 28th, 2019 | 05:50 CET

AUDI, BMW, DAIMLER - EVERYTHING COMES IN A COMPLETELY DIFFERENT WAY

  • Hydrogen
Photo credits: pixabay.com

For many decades, the developers and engineers of renowned German car manufacturers focused on the optimization of combustion engines. Performance, reliability and range were at the top of the list of requirements that the market demanded as a prerequisite for purchasing decisions. Actually not much has changed about that, there is only one more point on the list - if possible, the drive should be cleaner. Blinded by Elon Musk's battery cars, carmakers in this country were also working on pure electric motors, and politicians were doing it, by the way. But the sales figures meanwhile point to a gigantic flop - for many good reasons.

time to read: 2 minutes | Author: Mario Hose
ISIN:

Table of contents:


    BATTERY CARS ARE CHARGE INHIBITORS
    Since 2015, when it became known that Schummel software was used on diesel vehicles on the test bench, German carmakers have invested a lot of money in the development of vehicles with electric motors and batteries. Elaborate marketing campaigns were used to try to make the pure Stromer appealing to customers.

    Despite all efforts, 47,903 battery-powered cars were sold in the first nine months of 2019, according to the German Federal Motor Transport Authority (Kraftfahrt-Bundesamt), which corresponds to 1.7% of the total number of 2,740,158 passenger cars.

    POLICY SETS THE WRONG ACCENTS

    The majority of the living conditions of families and working people cannot be served by battery-powered cars. The cars are expensive, the electricity from charging stations is limited due to the hardly available infrastructure, the charging time is too long and therefore unacceptable, the range uninteresting and the production of cobalt and lithium under questionable conditions gnaws at the conscience.

    German federal policy promotes the purchase of a new battery car with tax revenues of up to EUR 4,000.00 and the subsidisation of a Tesla battery factory worth billions is still in the pipeline. The taxpayers bear the costs and the environment in the poorer countries the burden of this absurd development. "La strada dell'inferno è lastricata di buone intenzioni." In English: The road to hell is paved with good intentions.

    GAS STATIONS NEED HYDROGEN COLUMNS

    Why hydrogen technology is still being neglected by leading politicians and decision-makers is a mystery. The construction of a filling station network for hydrogen vehicles can be based on customers' previous habits and living conditions. Vehicle users and filling station operators simply purchase and sell a different fuel. The type of refuelling process, the duration of around three minutes and the range of 500 to 700 km are comparable to conventional habits.

    There are currently around 14,100 filling stations in Germany. Equipping this already established infrastructure with hydrogen fuel pumps is certainly more practical than rewiring park and residential buildings, roads in residential areas and hotels with high-performance charging stations. In Germany, 76 hydrogen filling stations have been opened and more are being opened.

    DYNACERT SUPPLIES TECHNOLOGY FOR RETROFITTING

    The Canadian technology company dynaCERT has launched a hydrogen solution this year that enables diesel engines to significantly reduce fuel consumption and pollutant emissions. Bus and truck fleets can use these retrofit devices to do something for the environment and reduce fuel costs at the same time. Within less than a year, users can amortize the purchase costs. Competitive industries appreciate this cost advantage.

    GERMAN INDUSTRY EXPERT STRIVES FOR COOPERATION

    dynaCERT solves problems and creates desires. For these reasons, it is not surprising that MOSOLF, one of the leading logistics service providers for the European automotive industry, is working on a distribution agreement with dynaCERT less than two months after issuing the general operating license for hydrogen technology in Germany.

    The Canadian hydrogen experts will be at the following investor fairs in the coming weeks and will present themselves to the participants: Precious Metals & Commodities Fair, Munich, German Equity Forum, Frankfurt and the Munich Capital Markets Conference (MKK).

    WHEN WILL HYDROGEN CARS ARRIVE?

    In recent days, Daimler has delivered a police car powered by a hydrogen fuel cell to the media in Hamburg. It will only be a matter of time before Audi (h-tron) and BMW (Hydrogen NEXT) will also be launching standard hydrogen models on the market. The future of drive types will be diverse and hydrogen will continue to gain in importance.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may in the future hold shares or other financial instruments of the mentioned companies or will bet on rising or falling on rising or falling prices and therefore a conflict of interest may arise in the future. conflict of interest may arise in the future. The Relevant Persons reserve the shares or other financial instruments of the company at any time (hereinafter referred to as the company at any time (hereinafter referred to as a "Transaction"). "Transaction"). Transactions may under certain circumstances influence the respective price of the shares or other financial instruments of the of the Company.

    Furthermore, Apaton Finance GmbH reserves the right to enter into future relationships with the company or with third parties in relation to reports on the company. with regard to reports on the company, which are published within the scope of the Apaton Finance GmbH as well as in the social media, on partner sites or in e-mails, on partner sites or in e-mails. The above references to existing conflicts of interest apply apply to all types and forms of publication used by Apaton Finance GmbH uses for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and etc. on news.financial. These contents serve information for readers and does not constitute a call to action or recommendations, neither explicitly nor implicitly. implicitly, they are to be understood as an assurance of possible price be understood. The contents do not replace individual professional investment advice and do not constitute an offer to sell the share(s) offer to sell the share(s) or other financial instrument(s) in question, nor is it an nor an invitation to buy or sell such.

    The content is expressly not a financial analysis, but rather financial analysis, but rather journalistic or advertising texts. Readers or users who make investment decisions or carry out transactions on the basis decisions or transactions on the basis of the information provided here act completely at their own risk. There is no contractual relationship between between Apaton Finance GmbH and its readers or the users of its offers. users of its offers, as our information only refers to the company and not to the company, but not to the investment decision of the reader or user. or user.

    The acquisition of financial instruments entails high risks that can lead to the total loss of the capital invested. The information published by Apaton Finance GmbH and its authors are based on careful research on careful research, nevertheless no liability for financial losses financial losses or a content guarantee for topicality, correctness, adequacy and completeness of the contents offered here. contents offered here. Please also note our Terms of use.


    Der Autor

    Mario Hose

    Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

    About the author



    Related comments:

    Commented by Juliane Zielonka on July 25th, 2024 | 07:45 CEST

    Plug Power, Carbon Done Right, BASF: Raising capital, climate protection projects, and cost optimization for returns

    • Sustainability
    • CarbonCredits
    • renewableenergies
    • Hydrogen
    • chemicals

    The energy sector is undergoing radical change, with far-reaching consequences for companies across various sectors. The hydrogen specialist Plug Power is struggling with financial bottlenecks despite state subsidies and has to carry out a capital increase on unfavourable terms. The sustainability company Carbon Done Right reports initial successes with its reforestation project in Sierra Leone. The Canadians are thus further establishing themselves in the growing market for CO₂ certificates. The chemical and agricultural company BASF is responding to the changing conditions in Germany by closing plants. The energy transition requires not only technological innovations but also new business models and flexible adaptation strategies. Which of the three companies will win the race this time?

    Read

    Commented by André Will-Laudien on July 24th, 2024 | 07:00 CEST

    Averting power outages, starting the battery revolution! BASF, Altech Advanced Materials, BYD, and VW

    • Batteries
    • Hydrogen
    • BatteryMetals
    • Electromobility
    • renewableenergies

    Varta is undergoing a complete restructuring and reorganization, likely leaving legacy shareholders empty-handed. The back and forth since 2023 has given the German SME sector an increasingly unsettling look. The environment is challenging, and only the strongest will survive the looming storm. Traces of Habeck's poor planning can also be seen in the energy transition. Instead of fully utilizing renewable energies, six new gas-fired power plants are now being planned, which will, of course, be powered by hydrogen. This draws investors' attention back to battery storage systems, as they are needed to successfully store surplus energy. Where do the opportunities lie for resourceful investors?

    Read

    Commented by Stefan Feulner on July 23rd, 2024 | 07:00 CEST

    Bloom Energy, First Hydrogen, Nel ASA - Best conditions for a rebound

    • Hydrogen
    • greenhydrogen
    • renewableenergies
    • Energy

    Germany is not the only country working to develop a sustainable hydrogen market. Economics Minister Robert Habeck recently announced funding for projects totalling EUR 4.6 billion to make the economy climate-neutral. Green hydrogen is set to be a key energy source in the future. The German government projects a hydrogen demand of 95 to 130 TWh annually by 2030 to support industrial decarbonization. This development is not currently reflected in listed companies, which may open up new investment opportunities in the long term.

    Read