Ballard Power -world leader zero-emission PEM fuel cells Message Board

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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells

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Nov 21 9:30 AM EST

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To: Kayaker who wrote (2548)	5/9/1998 10:54:00 AM
From: Thomas Stewart	Read Replies (1) of 5827

Grumpy indeed! Don't think putting two paragraphs out there will get me in too much trouble. Thanks for pointing out the article. As if loosing C's research-oriented purchases isn't outweighed by Daimler's (soon Daimler-Chrysler's) vested interest in making fuel cells a dominant technology! interactive.wsj.com It's clear, however, from checks with the auto companies and a host of others involved in efforts to develop fuel cell "hypercars" that the technology bets being made in Detroit, Stuttgart and Tokyo are, in fact, quite hedged. That even though fuel cells have a very good shot at eventually becoming the "engine of the future," it won't be until well into the future. (It'll be 2020 or 2030, say most seasoned observers, before the technological and market issues are sufficiently sorted out so that fuel-cell-powered cars can capture as much as a quarter of the new-car market, or 15 million vehicles.) That fuel cells still have serious engineering and infrastructure hurdles -- not to mention rival technologies -- to overcome first. And, not least, that however "formidable" Ballard contends its patent position is, it's hardly the only company taking a very active and proprietary interest in the technology. Clearly, despite Umedaly's optimistic spin that the union of Daimler and Chrysler can only speed Chrysler -- and the world's -- inevitable conversion to fuel cells, some big bumps remain in the company's path. Not the least of them is that not even Daimler has yet committed to producing any cars with its engines. As Daimler's designated spokesman took pains to explain early last week (even before news broke of the big merger, with its potentially budget-trimming implications for fuel cells): "What we've really said is that we are going to decide whether to go into production at all [of fuel-cell cars] in 1999."

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