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 April 25th, 2024 | 06:30 CEST

    dynaCERT, Nordex, Plug Power - Clean solutions for the environment with potential returns

    • Hydrogen
    • greenhydrogen
    • renewableenergies
    • Energy

    Greece's capital, Athens, has been struggling with extreme air pollution caused by dense Saharan dust since Wednesday. The red mineral dust causes severe lung problems and has led to numerous emergency admissions in the metropolis. Three companies are currently providing a breath of fresh air on the stock markets. The Canadian company dynaCERT focuses on clean air through patented electrolyser technology that reduces pollutant emissions in the booming logistics sector. Wind turbine manufacturer Nordex is also causing a stir among analysts. The Hamburg-based company impresses with full order books and good figures. A court in New York will now decide retrospectively whether CEO Andy Marsh's words regarding the operational business at Plug Power are just hot air or have real substance.

    Read

    Commented by Fabian Lorenz on April 16th, 2024 | 07:55 CEST

    Drumbeat at TUI! Caution with Renk and Nel! dynaCERT Stock with Potential!

    • Hydrogen
    • Travel
    • Defense
    • armaments

    A drumbeat is sounding at TUI! In an interview, the tourism group's CFO hints that shareholders can soon look forward to a dividend again. On the other hand, tensions in the Middle East are causing short-term uncertainty in tourism shares. Conversely, defense stocks are once again benefiting from the possibility of an escalation. However, analysts currently see little further potential for Renk. The retrofit kits from dynaCERT offer great potential for reducing emissions from diesel vehicles. If VERRA clears the way for CO2 certificates, the share could go through the roof. Is the Company preparing for this with a personnel change? In contrast, the Nel share seeks support, and tomorrow promises to be exciting.

    Read

    Commented by Fabian Lorenz on April 16th, 2024 | 07:20 CEST

    Plug Power deeply in the red! Thyssenkrupp Nucera and First Hydrogen shares with positive newsflow and upside potential!

    • Hydrogen
    • greenhydrogen
    • GreenTech
    • renewableenergies

    Not only is Plug Power's share price in the red, but also its earnings for the year 2023. Losses at the US company are still growing faster than revenue. Together with its struggling industry peer, Nel ASA, Plug is dragging down the entire hydrogen sector. However, there are positive developments. For example, the hydrogen-powered fuel cell commercial vehicle from First Hydrogen in England has impressed in test drives under real conditions. The Company is currently valued at only CAD 50 million and offers an entry opportunity. Analysts also see more than 100% upside potential for Thyssekrupp Nucera. Is the wheat separating from the chaff in the hydrogen sector?

    Read