October 28th, 2019 | 05:50 CET
AUDI, BMW, DAIMLER - EVERYTHING COMES IN A COMPLETELY DIFFERENT WAY
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"[...] Why should a modular electrolyzer cost more than a motorcycle? [...]" Sebastian-Justus Schmidt, CEO and Founder, Enapter AG
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.
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.
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