02. February 2021 | 07:10 CET
BYD, dynaCERT, NIO - this is the solution!
The share of e-cars compared to diesel and gasoline vehicles can currently still be described as low. However, the German government is promoting electromobility with, among other things, a purchase premium and the expansion of electric charging stations. In addition, manufacturers are continuously working on optimizing their vehicles and improving the range of the batteries. One can assume that e-cars will further boom in the coming years and replace cars with combustion engines. The plans of politicians to allow only e-cars from 2030 confirms this thesis. Whether or not electric vehicles save CO2 compared to conventional cars remains unanswered. But one Company has been working on a technology that is both logical and groundbreaking.
time to read: 2 minutes by Stefan Feulner
"[...] Why should a modular electrolyzer cost more than a motorcycle? [...]" Sebastian-Justus Schmidt, CEO and Founder, Enapter AG
Immediate changeover pointless
Currently, the climate policy aims at the immediate disappearance of fossil fuels. It is essential to organize the reduction of CO2 emissions as wisely as possible. That means reducing where the reduction costs are lowest to get as far as possible with the limited resources available for CO2 avoidance. To organize such a policy, it is not insignificant to know where and to what extent potential savings exist and how they can be lifted cost-effectively. In this respect, the question of whether electric vehicles can save CO2 is important. Opinions on this matter differ widely.
On the pulse of time
Before everything is shuffled around, might it be wiser to consider reducing both fuel consumption and CO2 emissions right now? The Canadian Company dynaCERT has been asking this question for 16 years. The Company has managed to use its system to reduce the parameters by 20%. The technology, called "HydraGEN," uses a patented electrolysis system to convert distilled water into hydrogen and oxygen gases produced on demand. dynaCERT's goal is to reduce the number of greenhouse gases released when carbon-based fuels are burned. The in-house programmed software "HydraLytica" allows to record and analyze the fuel savings. Other features such as fleet management, route planning, driver safety and load management are to be added gradually. The Company's technology is currently already being used in trial runs in more than 400 vehicles.
In theory, it would already be technically possible today to equip every passenger car with dynaCERT technology. However, this is still a pipe dream. Currently, the sales team is concentrating on fleet operators and logistics companies, heavy construction machinery, and diesel generators in shipping and trains. In the long term, dynaCERT's goal is to lead the new hydrogen economy in Canada while partnering with other high-level industry leaders to further leverage and expand the Company's environmental technology product line currently available on the global market.
Thus, last week's announcement should be viewed as a milestone in dynaCERT's recent corporate history. Verra, the organization that manages the world's most extensive greenhouse gas program, approved dynaCERT's draft notice to secure carbon credits through the use of dynaCERT's patented HydraGEN technology and HydraLytica Telematics technology on a global scale. Currently, dynaCERT's stock, which is traded with good volume in Germany, is trading at the equivalent of EUR 0.46. Should the share price break above the repeatedly tested EUR 0.50 mark, the next price target would be the 2020 high at EUR 0.93.
Chinese e-car manufacturer NIO has presented its delivery figures for January. And they are sensational compared to the same period last year. NIO delivered 7,225 vehicles, an increase of 352.1% compared to the same period the previous year and a record month so far. This figure included sales of 2,720 units of the ES6, the 5-seater electric SUV, and 1,660 units of the ES8, the Company's 6- to 7-seater electric SUV. In December, 7007 units were sold; thus, the growth had slowed down. The reason could be the somewhat weakening purchasing power of Chinese consumers. The Chinese competitor, BYD, presented strong figures in 2020, selling just under 41,000 units of the flagship model, Han. This year, BYD wants to expand its range with a premium brand. Analyst firm Nomura acknowledged the new strategy by raising the price target to HKD 300, which corresponds to an increase of almost 80% compared to the last judgment.