this post was submitted on 01 Jan 2024
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Technology
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Yes they do. It's just they're choosing to spend all of it on hydrogen, which the Japanese companies still think is better than batteries.
Supposedly hydrogen cars are a solved problem now, all the investment is going into infrastructure. The ability to fill your tank in a few minutes is useless if there's nowhere to fill up.
I was referring to Subaru not having enough capital.
But in terms of Hydrogen, it is either a product of fossil fuel extraction via natural gas, or a product of electrolysis at a huge cost of electricity which is better spent charging an EV.
It’s never gonna be widely adopted(which is why Toyota is pivoting after their ceo stepped down).