Did Obama Bet on the Wrong Electric Vehicle Technology?
"President George W. Bush espoused the environmental promise of cars running on hydrogen," writes Chang. [See our 2003 post]. However, under "Steven Chu, the Nobel Prize-winning physicist who was President Obama’s first Secretary of Energy, (t)he administration slashed funding for hydrogen fuel cell research."
While "(a)ttention shifted to battery electric vehicles, particularly those made by the headline-grabbing Tesla Motors [see related post about Chu's technology priorities], General Motors, Honda, Toyota, Daimler and Hyundai, persisted," writes Chang. "After many years and billions of dollars of research and development, hydrogen cars are headed to the showrooms."
Hyundai has been leasing the hydrogen-powered Tucson sport utility, which it describes as the world’s first mass-produced fuel cell car, since June, for a $2,999 down payment, and $499 a month. (That includes the hydrogen.)
"This week, Toyota is introducing a sedan called Mirai, which means 'future' in Japanese," writes Chang. "The Mirai will go on sale in California this year for $57,500 — cheaper than the Tesla Model S." Test drive the Mirai - on You-Tube.
“It’s a no-brainer that I think the next evolution is to go to fuel-cell based technologies,” said Nihar Patel, the vice president for North American business strategy at Toyota.
The world's largest automaker and manufacturer of the iconic hybrid vehicle, the Prius, is by no means abandoning conventional electric vehicles. "Toyota officials talk of selling a 'portfolio' of vehicles that includes hybrids and battery electric cars. But hydrogen fuel cells are front and center," adds Chang.
Not all are on board, least of all those most invested exclusively in plug-in electric vehicles. Last word goes to the most well-known critic, but do consider reading a related article from Quartz about his reaction.
Elon Musk, the billionaire chief executive of Tesla, mocks fuel cells as “fool cells” that will lose in the marketplace to battery electric cars like his. Battery electrics are more efficient than fuel cells and are cheaper to operate. And there are currently many more places to plug in than places to top off a tank of hydrogen.