Close menu

April 3rd, 2023 | 15:59 CEST

Range of up to 2,000 km - Hydrogen comeback? Volkswagen, dynaCERT, NEL

  • Hydrogen
  • fuelcell
  • Technology
Photo credits:

Car manufacturers like Volkswagen apply for a whole series of patents every year. Many of them never become relevant. A few months ago, however, Volkswagen and a partner company filed a hydrogen patent that is quite something. There is talk of a fuel cell that, thanks to a ceramic membrane, is more efficient and enables ranges of up to 2,000 km for one tankful. Will the patent bring about the hydrogen revolution in private transport? We analyse the situation and look at three listed companies.

time to read: 2 minutes | Author: Nico Popp
ISIN: VOLKSWAGEN AG VZO O.N. | DE0007664039 , DYNACERT INC. | CA26780A1084 , NEL ASA NK-_20 | NO0010081235

Table of contents:

    Dirk Graszt, CEO, Clean Logistics SE
    "[...] We can convert buses and trucks to be completely climate neutral. In doing so, we take a modular and incremental approach. That means we can work with all current vehicle types and respond to new technology and innovation [...]" Dirk Graszt, CEO, Clean Logistics SE

    Full interview


    Volkswagen: Is the super fuel cell coming?

    The very fact that Volkswagen has not put hydrogen research on the back burner proves that hydrogen technology still has potential. The new patent for a ceramic membrane in fuel cells is supposed to make lithium redundant and also manage without platinum. That alone should make new fuel cells manufactured using this process cheaper. Kraftwerk Tubes GmbH, which holds the patent together with Volkswagen, wants to see series-production vehicles with the technology by 2026 and considers collaborations with several manufacturers possible. However, it is unclear whether Volkswagen will soon be offering hydrogen cars. The Company points out that new patents do not necessarily have to lead to series production.

    In any case, it is more likely that other manufacturers will bring such models onto the market. Kraftwerk Tubes also cooperates with the Asian luxury manufacturer Infiniti, which belongs to Nissan. Nissan itself already has hydrogen cars on offer. However, the door for hydrogen vehicles is not entirely closed at Volkswagen either. The Company reserves the right to add such models to its product range, possibly in the second half of the decade. The planned MPE vehicle platform is to be equipped with both classic electric motors and fuel cells.

    dynaCERT: Customers rely on this hydrogen solution

    Technological innovations around hydrogen nevertheless have a signal effect, from which companies such as NEL, which is active in the production, storage and distribution of hydrogen, profit. The range of applications for hydrogen could become broader and broader in the coming years - for an all-round supplier like NEL, this is a good prospect. The fact that many industries have not yet committed to one technology is also positive for companies like dynaCERT. The Canadians offer conversion kits for heavy diesel engines. The patented HydraGEN technology ensures that a small amount of hydrogen is added to the classic diesel mixture. The end result is lower fuel consumption and CO2 savings. While sales of the solution for large fleet operators, such as transport companies, have been relatively slow in recent years, the Company has adapted its technology and is focusing on heavy machinery.

    Here, dynaCERT has struck a chord and was already able to book numerous orders last year, for example, from the mining industry. The good thing about dynaCERT's technology is that the Company documents and reports CO2 savings. Customers can then use these savings and are supposed to receive CO2 certificates in return. The certification process for dynaCERT is currently underway. If this hurdle is cleared, customers who have already bought the HydraGEN technology will have another argument in their favour. In recent years, the dynaCERT share price has followed the typical course of a growth stock - interrupted by steep rises, the price has crumbled. If the Company continues its operational successes or succeeds in obtaining certification for the generation of CO2 certificates, the share could be in for a new breakout. Investors with a knack for such stocks should keep dynaCERT on their radar.

    While dynaCERT is already selling its hydrogen solution to customers, hydrogen in cars remains an interesting thought experiment for most manufacturers. At the moment, however, VW's share price does not give rise to any hydrogen fantasy. However, the overall situation is favourable for "full-service providers" like NEL. Hydrogen remains an issue - also in individual transport. In addition to solution providers for transitional technology, such as dynaCERT, full-service hydrogen suppliers offer investors a promising perspective.

    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 hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

    Risk notice

    Apaton Finance GmbH offers editors, agencies and companies the opportunity to publish commentaries, interviews, summaries, news and the like on These contents are exclusively for the information of the readers and do not represent any call to action or recommendations, neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. The contents do not replace individual expert investment advice and do not constitute an offer to sell the discussed share(s) or other financial instruments, nor an invitation to buy or sell such.

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

    The acquisition of financial instruments involves high risks, which can lead to the total loss of the invested capital. The information published by Apaton Finance GmbH and its authors is based on careful research. Nevertheless, no liability is assumed for financial losses or a content-related guarantee for the topicality, correctness, appropriateness and completeness of the content provided here. Please also note our Terms of use.

    Der Autor

    Nico Popp

    At home in Southern Germany, the passionate stock exchange expert has been accompanying the capital markets for about twenty years. With a soft spot for smaller companies, he is constantly on the lookout for exciting investment stories.

    About the author

    Related comments:

    Commented by André Will-Laudien on November 29th, 2023 | 09:50 CET

    DAX on record course, hydrogen sell-off! Plug Power, First Hydrogen, Nel ASA and Daimler Truck on the test bench

    • Hydrogen
    • greenhydrogen
    • renewableenergies

    The DAX is soaring because most investors expect interest rates to fall. Based on the assumption of slower growth, investors are again focusing on cyclically sensitive stocks at the turn of the year. According to the expectation curves for ECB and FED interest rates, the first downward adjustments are already expected in Q2. The key factors here are the slight fall in inflation and the central banks' desire to cushion the potential downturn. Despite all the euphoria, the desire to buy is currently bypassing the hydrogen sector. Representatives of the sector are the stock market losers of 2023. Is there still a possibility of a quick rebound in 2024? We do the math.


    Commented by Armin Schulz on November 28th, 2023 | 06:45 CET

    ThyssenKrupp Nucera, Altech Advanced Materials, JinkoSolar - Green returns in focus

    • GreenTech
    • Batteries
    • Technology
    • renewableenergies

    GreenTech stocks have become an important topic in today's world. In the face of rising global environmental concerns and a growing awareness of sustainability, more and more investors are looking for investment opportunities that offer both financial returns and a positive impact on the environment. GreenTech stocks represent companies that are developing innovative technologies and solutions to address environmental issues and shape a sustainable future. Many countries have adopted policies to support the transition to a low-carbon economy. We have picked out three exciting companies.


    Commented by Fabian Lorenz on November 24th, 2023 | 13:00 CET

    100% upside potential with hydrogen! Siemens Energy, thyssenkrupp and dynaCERT instead of Nel?

    • Hydrogen
    • greenhydrogen
    • Technology

    Is there about to be a changing of the guard in the hydrogen sector? There are significant doubts that the previous investor favorites, Nel and Plug Power, will get their losses under control. Who could be the new favorites? Siemens Energy and BASF are working on a production plant for CO2-free hydrogen. The partners are now receiving funding from the federal government and the state of Rhineland-Palatinate. dynaCERT is having its technology tested under the toughest conditions. The hydrogen and emissions reduction specialist is equipping a team for the Dakar Classic Rally. Could 2024 bring revenue growth? thyssenkrupp nucera shows that you can also earn money with hydrogen. Analysts see almost 100% share price potential.