#Cleantech and #ClimateChange #Podcast – Hydrogen
and #FuelCell Technology Makes Headlines at CES in Las Vegas, @CES
(NASDAQ: $BLDP) (TSX: $BLDP.TO) (NYSE:
$TM) (KRX:012330)
Point Roberts WA, Delta BC, January 9, 2020 –
Investorideas.com, a global news source and leading investor resource covering
cleantech and renewable energy stocks issues today’s edition of the Cleantech and Climate Change Podcast, talking about today's problems and solutions for the future.
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Read this in full at https://www.investorideas.com/news/2020/cleantech-climatechange/01091BLDP-TM-012330.asp
Transcript/overview
Today we are looking at Ballard Power Systems (NASDAQ:
BLDP) (TSX: BLDP), Toyota (NYSE:TM) and Hyundai Mobis (KRX:012330) and how fuel
cell technology made headlines at CES in Las Vegas this week. CES is the world's gathering place for all
those who thrive on the business of consumer technologies.
Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) and Deloitte
China announced the release of a joint white paper entitled "Fueling the
Future of Mobility: Hydrogen and fuel cell solutions for transportation"
at the Consumer Technology Association's CES 2020 trade show being held in Las
Vegas, Nevada. This white paper is the first volume in a series exploring how
hydrogen is set to power the future of mobility. Click here to
download the white paper.
From the release -
Randy MacEwen, Ballard President and CEO
said, "In less than 10 years, it will become cheaper to run a fuel cell
electric vehicle (FCEV) than it is to run a battery electric vehicle (BEV) or
an internal combustion engine (ICE) vehicle for certain commercial
applications."
Although FCEVs
are currently more expensive to run per 100 kilometers (km) than BEVs and ICE
commercial vehicles, they are set to become much cheaper as manufacturing
technology matures, economies of scale improve, hydrogen fuel costs decline and
infrastructure develops. Indeed, the white paper conservatively estimates the
Total Cost of Ownership (TCO) for commercial hydrogen vehicles will fall by
more than 50% in the next 10 years.
Toyota (NYSE:TM) this week at
CES in Las Vegas announced plans to build
a prototype “city” of the future on a 175-acre site at the base of Mt. Fuji in
Japan.
From the press release: Called the Woven City, it will be a fully
connected ecosystem powered by hydrogen fuel cells.
Envisioned as a “living laboratory,” the Woven City will serve as a home
to full- time residents and researchers who will be able to test and develop
technologies such as autonomy, robotics, personal mobility, smart homes and
artificial intelligence in a real-world environment.
“Building a complete city from the ground up, even on a small scale like
this, is a unique opportunity to develop future technologies, including a
digital operating system for the city’s infrastructure. With people, buildings
and vehicles all connected and communicating with each other through data and
sensors, we will be able to test connected AI technology… in both the virtual
and the physical realms … maximizing its potential,” said Akio Toyoda,
president, Toyota Motor Corporation.
The city is planned to be fully sustainable, with buildings made mostly
of wood to minimize the carbon footprint, using traditional Japanese wood
joinery, combined with robotic production methods. The rooftops will be covered
in photo-voltaic panels to generate solar power in addition to power generated
by hydrogen fuel cells. Toyota plans to
weave in the outdoors throughout the city, with native vegetation and
hydroponics.
The groundbreaking for the site is planned for early 2021.
Toyota (NYSE: TM) to Build Prototype City of the Future
Hyundai Mobis (KRX:012330) displayed new technologies such as M.Vision S, the autonomous driving-based mobility concept for
urban sharing and the hydrogen fuel cell system at CES.
Hyundai Motor Group has secured the world’s best
hydrogen fuel cell system technology and Hyundai Mobis runs the world’s largest
production line exclusively for hydrogen fuel cell modules in Chungju,
Chungcheongbuk-do.
If you would like to be a guest on this podcast and
tell your story please call me at 800 665 0411
For investors following fuel cell stocks we do have
a directory of publicly traded stocks – visit https://www.investorideas.com/membership/ to learn more.
Thanks, that’s it for today. Do something good for this beautiful planet
each and every day.
Podcast host: Dawn Van Zant
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