Clean Vision Corp (CLNV)

[old man river]

Be careful with overhyped hydrogen stories.

At the current time, most of the largest domestic and foreign car manufacturers are shifting away from ICE to BEV in there passenger car lineup. The rationale is that the bulk of the sales are for short trips.

Hydrogen fuel cells are better suited where torque and long sustained running time is required. This will focus on trucks, buses and some locomotives. The biggest NA player in this market is Ballard with a market cap of some 3.5 billion.

You can run liquid hydrogen through an ICE with about $ 1100 in modifications. Logically, this makes a good alternative to shuttering all engine and transmission plants in Canada, the US and Mexico..

However, regardless with route the market goes with hydrogen, the biggest problem is distribution. There are less than 100 hydrogen filling stations in California. There is about the same number in Japan. It's like buying a natural gas powered truck in the 1980's. Great idea but no source for the fuel. We are about a decade away from larger scale distribution for hydrogen in NA. Europe is a toss up but my money would be on BEV as they have excellent public transit.

There are some big names in producing hydrogen such as Kawasaki and Mitsubishi. Will there be enough room and credibility for the major oil companies to look at an off brand hydrogen producer like CLNV?

The long term prospects for hydrogen show a decrease in pricing down to a dollar per kg. You need scale and technology to get to these prices.