Watch out EVs–FCVs are alive: See What Analysts Say about GM-Honda JV Mass Produce of Hydrogen Fueled Vehicles

Here is what 4 of the Industry’s leading analyst had to say in early February 2017 about the GM-Honda Joint Venture to develop and build hydrogen powered vehicles in mass by 2020

Karl Brauer, Executive Publisher, Autotrader and Kelley Blue Book: “More Work to be done”

“It’s understandable that GM and Honda continue to push this technology forward.  While substantial challenges remain, the fuel cell vehicles we’ve driven feel exactly like a traditional gas-powered cars.  They provide ample power while being smooth and quiet at all speeds. Because they use electric motors, powered by hydrogen, they have excellent low-end torque and are extremely refined, all while emitting nothing more than water vapor. But the fuel-cell vehicles available today are barely past prototype status, which means they are extremely expensive and none can be purchased by consumers, only leased.  So there’s more work to be done.  That’s exactly how GM and Honda are approaching the issue, with a partnership that could hasten the reality of hydrogen as a viable and clean fuel.” >p>
 
Michelle Krebs, senior analyst for Autotrader: “Magic Bullet”

“Fuel cells have long been seen as the magic bullet for efficient transportation with no harmful emissions. By joining forces to actually manufacture hydrogen fuel cell systems, General Motors and Honda take a giant step toward moving the promising technology closer to reality.”
 
Rebecca Lindland, senior analyst for Kelley Blue Book: “Good Cooperation”

“Expanding the collaboration between GM and Honda should further the adoption and expansion of fuel cell vehicles, leading to cleaner vehicle technology. It’s exciting to see manufacturers working together on these types of shared challenges. ‘Coop-etition’ is alive and well in the automotive world, and consumers and the environment will benefit from the results of this collaboration.”
 
Michael Harley, analyst for Kelley Blue Book: “FCV cost” ,

“It’s promising to see automakers combining forces in the pursuit of alternative energy such as hydrogen fuel cell technology. Unfortunately, the infrastructure to support widespread hydrogen vehicle fueling isn’t in place, and that is a reality that has to be faced. Even if GM and Honda are successful with their joint venture, this cost-prohibitive hurdle will likely keep fuel cell use limited to commercial vehicles operating out of centralized hubs.”  

The posting on Business Insider
will give you and team more detail on what this means.

Editor Note: Fuel Cell Vehicles are one of the most important editorial projects for Automotive Information Network and www.automotivedigest.com. You will see lots of content about the future of automotive and transportation systems in the future

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