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2022-04-11

Lithium Electric Vehicles Hard to Compete with Hydrogen Vehicle under the Trend of Energy Revolution Eventually

Green hydrogen is regarded as a truly zero-carbon green energy source. Refilling a hydrogen car is as fast as filling up a car with petrol or diesel.

The way of charging lithium electric vehicles is not the most convenient way, but causes great trouble. Widespread establishment of public charging stations requires only the establishment of power distribution systems and chargers, which is easy to deploy in a short period of time. But it is still unable to reach the level of filling up the fuel within 3 minutes and high endurance as a fuel car. Only hydrogen vehicle can perfectly replicate the advantages of fuel vehicles, allowing car owners to enjoy the convenience without discounts.

However, before this feature can be brought into play, in addition to hydrogen energy at a reasonable price, sufficient hydrogen refueling stations are also necessary. The cost and speed of its construction are indeed not as efficient as charging stations. However, the use of hydrogen fuel as the main clean energy source to replace fossil fuels has become the consensus of major countries or regions in the world such as the European Union, Japan and South Korea, China and California, and practical efforts have been made to make it approach the price level of natural gas by 2030.

It has been a century of history to use gasoline as a fuel for automobiles. Switching to hydrogen is absolutely impossible in very short time and requires various supporting facilities. With the efforts in recent years, the industry has gradually accumulated experience and adopted a more efficient way to develop hydrogen energy. Once the breakthrough point in the price range is reached, which is enough to produce obvious benefits to stimulate the market, it will drive the acceleration of the deployment of hydrogen refueling stations, which will gradually highlight the relative disadvantage of lithium electric vehicles in terms of charging inconvenience.

In short, in the future, hydrogen vehicle will ride on the trend of the global energy source turning around and rush forward, which impacts on the industry innovation are much more than lithium electric car’s charging ecosystem. Therefore, it is a really wise choice to look at the hydrogen vehicle that will inevitably rise in the 2030s from a long-term perspective.

References
 
  • Fo rbes, 2020-09-06,Plan To Buy An Electric Car? So, How Much Does It Cost To Charge A Tesla Model 3 Vs A Gas Car?
  • 2020-12-27 ,California gas blending trial could shift a roadblock for hydrogen cars
  • ING , 2021-10-28, High gas prices triple the cost of hydrogen production
  • Cadent , News Release, 2020-02, UK's first grid-injected hydrogen pilot gets underway
  • B BC News, 2021-12-06, Climate change: Is 'blue hydrogen' Japan's answer to coal?
  • Nihon Keizai Shimbun 2021-08-11Iwatani Sangyo, Suzuo Manufacture, Transportation, and Distribution
  • Ming Pao, 2021-08-23 , UBS Gastreich: China's hydrogen energy is expected to account for 20% in 2060
  • Iwatani Industries, 2 021-06-30, News Release,バイオマスを raw materials and した electricity business および Start of discussion on the liquefied hydrogen production business of Garian
  • Lianhe Daily, 2021-12-01 , the world's largest photovoltaic green hydrogen Xinjiang Kuqa starts construction
  • Hydrogen Fuel News, 2021-05-26 New Nevada hydrogen fuel plant to begin operations in early 2022
  • Today's Toutiao, 2021-10-18, The Enlightenment of Japan's Hydrogen Refueling Station Construction and Operation Mode to China https://twgreatdaily.com/495690755_100070607-sh.html

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