Despite Wall Street's abandonment of his and other companies working to produce fuel-cell stacks — the units that would convert hydrogen to energy and water — the CEO of Ballard Power Systems told Automotive News the company will still create a viable stack within five years — the same timeline as General Motors. A precipitous drop in stock price, Dennis Campbell says, won't stop Ballard from building a stack that meets the Department of Energy's 2010 target (i.e., $30 per kilowatt hour, 5,000 hours of durability and can start up at below 20 degrees Farenheit). After that, he says, it'll be two to four years to put that powertrain in a car. They've got cash, he says. They'll need every penny of it, we say.
Ballard Power Systems chief says Wall Street's wrong about fuel cells [AutoWeek]
Related:
Fuel-Efficient Hydrogen Power: The Hy-Light [internal]
More alternative-energy vehicles [internal]