Hyundai preps fuel cell vehicle
Ryan Beene at @Automotive_News reports on Hyundai’s plan to offer a FCEV version of its Tucson cross-over in the USA in 2014. The article makes an important point about the economic advantages of hydrogen fuel cells when compared to battery-only EVs.
“Kwon Moon-sik, Hyundai Motor Group’s president of r&d, discussed the plans during a recent media event here, saying that cost factors are pointing the company toward electric vehicles powered by hydrogen rather than batteries, where several automakers say the potential for economies of scale are drying up. ‘There is no problem with the technology — only with the cost and profitability,’ Kwon said of battery EVs. ‘We cannot make a profit with them.'”