Fuel Cells for Mobility
An electrochemical cell that directly converts hydrogen or hydrocarbon fuel and oxygen into electricity for stationary power and mobility applications.
LUX TAKE:
Fuel cell development and commercialization has been backed by major governments like Japan and South Korea and industries like automotive and oil and gas that have a stake in their success, but they are still too expensive to become widely adopted in transportation or baseload power. Either fuel cells or hydrogen production will need to see a ~50% cost reduction in order to become viable. In the ...
News Commentaries
European Commission approves EUR 5.4 billion subsidy package to support EU-wide hydrogen projects (August 9, 2022)
Hyundai to deploy Xcient fuel cell trucks in Germany (August 8, 2022)