Friday, May 24, 2024

Car company refuses to drop hydrogen – "We've only just begun"

The German sub-supplier to the automotive industry ElringKlinger AG will in 2030 be 50/50 percent dependent on the internal combustion engine. Hydrogen is not abandoned.

Last year, 54-year-old Thomas Jessulat took over the top director position at ElringKlinger AG, which lives a life as a sub-supplier to the automotive industry.

And although Jessulat has a goal that the company sells for 3 billion euros, corresponding to 22.3 billion Danish kroner in 2030, this does not mean that the internal combustion engine is out.

This is written by Automobilwoche .

In his first statement to the press since joining in October 2023, Thomas Jessulat says that at least half of the company's sales in 2030 must come from something that is 'independent of the internal combustion engine'.

READ ALSO: Danish car company bankrupt – sly celebrity worth millions

However, this does not mean that ElringKlinger AG is betting blindly on ordinary electric cars. That is, those that must be charged through a cable from a charging stand.

– We are only just getting started when it comes to hydrogen, says Thomas Jessulat to the media.

We don't have to go very far in the car industry to find someone who also doesn't want to write off the possibility of electric motors powered by hydrogen in passenger cars.

BMW is currently testing a fleet of hydrogen-powered SUVs. And they are actually cheaper than the diesel models. Read more about it here .

A little further away – at least geographically – Japanese Toyota is also throwing money at hydrogen technology. But it is also because the Japanese are skeptical of a 100 percent state tax on plug-in electric cars.

– Materials for batteries and renewable charging infrastructure will eventually be widely available.

– But it will take decades to scale up the minerals (for the batteries, ed.) and the infrastructure, says the brand's head of research Gill Pratt to Bloomberg.

Read more exciting news from and about the world of cars right here!

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