Monday, June 16, 2014 9:49:26 AM
The key question is what consumers think. Right now markets for both are so small that it's difficult to find a reasonable gauge of sentiment. A report from Navigant research says that at current rates the two technologies combined will comprise less 2.5% of the market by 2035.
But the cost of lithium ion batteries is falling, and could fall even faster if and when Tesla's gigafactory, which aims to double the total amount of lithium ion batteries in the world, finally launches.
"With the cost of electrics dropping along with the cost of lithium-ion batteries, fuel-cells have a long road ahead to convince car buyers that the extended range is worth the distended price tag," the Chicago Tribune's Robert Duffer wrote recently.
The road may just become even longer.
Please help save the earth. It's our only source of chocolate.
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