Honda Bets on Hydrogen
Saw a very interesting article today from Bloomberg. It said that Honda has placed a big bet on fuel cells that use hydrogen. Once Honda makes a corporate decision, they stick with it; they have spend $gazillions on this technology already. Frankly, I would not bet against Honda. It also explains how Toyota was able to drop a dime on Honda for hybrids.
They are testing a fleet of these things in So Cal, where they have a dozen or two hydrogen fueling stations. Apparently, these things already work: they have a cruising range of, I think, about 200 miles. At this point, it is only a matter of getting a fueling infrastructure and economy of scale.
The governator has a Hummer powered by hydrogen. This technology makes sense: it is one of the few fuels abundant enough to replace petroleum. Right now, today, Hydrogen costs about 2x of the equivalent of gasoline. Wait: all this is on a few prototypes, and some experimental fueling stations? How far down will the cost go when they get the economy of scale down pat?