Amazingly with virtually no revenue and no vehicles made nikola is worth over 22 billion.
Hydrogen vs electric cars future.
The conclusion is that the only way to go for.
Five million is just a drop in the ocean in terms of the number of all.
They boast the performance and instant torque of battery electric cars while providing greater range than any pure ev on the market.
Toyota was one company that truly believed in the hydrogen future and produced the very credible fcv r concept in 2011 that developed into the mirai which became commercially available in 2015.
Electric vehicles sales have seen sustained increases in the past few years and significant milestones have been reached in many countries.
Hydrogen car technology supply and infrastructure still lag behind electric vehicles.
The hydrogen fuel cell electric vehicle fcev which simply runs on pressurised hydrogen from a fuelling station produces zero carbon emissions from its exhaust.
There is a company called nikola which claims they will sell semi trucks using hydrogen.
It can be filled as quickly as a fossil fuel equivalent and offers a similar driving distance to petrol.
They say they will lease the vehicles and get hydrogen for 2 per kilogram.
Most have the lowest cost of hydrogen at about 2 5 4 5 per kilogram.
Hydrogen has long been touted as the future for passenger cars.
A 2017 survey of 1 000 senior auto executives conducted by kpmg found they believe hydrogen fuel cells have a better long term future than electric carsand will represent the real breakthrough.
Battery electric cars and expl.
Jon hunt toyota s head of commercialisation of hydrogen fuel cell cars told auto express that manufacturing a lithium ion battery for an electric car is a very energy intensive process.
As of march 2020 roughly 78 500 charging outlets and nearly 25 000 charging stations for plug in electric vehicles evs were available in the u s.
Hydrogen vehicles are basically electric cars with a fuel tank.