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Fuel Cell Cars

Moneyzine Editor
Author: 
Moneyzine Editor
4 mins
September 6th, 2023
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Anyone thinking about buying a new car over the next couple of years may be introduced to an entirely new breed of vehicles: fuel cell cars. They're not exactly ready for sale today, but in the coming years everyone will be hearing from several car manufacturers that have these vehicles in the evaluation stage right now.

Fuel Cell Technology

The engines used by fuel cell vehicles are a radical departure from the internal combustion engines installed in cars today. Just like electric vehicles, these cars are powered by electric motors. But unlike electric vehicles that depend on a sophisticated array of batteries to store energy, fuel cell cars have the ability to create their own electricity. On the other hand, the increasing demand for EVs and their batteries makes investing in EV battery penny stocks potentially lucrative, but they carry a high level of risk due to the small size and unstable financials of the companies. It is important to conduct proper research and due diligence before investing in EV battery penny stocks.

Using a chemical process, fuel cells are able to convert hydrogen fuel, and oxygen from the air, to produce electricity. The fuel is stored as hydrogen gas in onboard tanks, or it can be extracted from hydrogen rich sources such as natural gas, methanol, or even gasoline.

One of the benefits of this technology is the clean byproduct of the process used to create electricity. Only water and heat are produced in a fuel cell. Another benefit is the efficiency of the fuel cell itself, which can be twice as efficient in converting fuel to electrical energy as conventional combustion engines.

Components of a Vehicle

As is the case with hybrid cars, a fuel cell vehicle, or FCV, requires a high-output battery to store energy, a power control unit to manage the flow of electricity, and an electric motor. In addition, the vehicle requires a hydrogen fuel tank and a fuel cell stack, which is used to convert the hydrogen gas to electricity. You can find out more about hydrogen fuel cell technology.

Barriers to Adoption

Right now, car manufacturers are dealing with several significant, and practical, barriers to the widespread use of fuel cell cars. These barriers include reducing manufacturing costs, improving performance, and safely storing the hydrogen fuel.

Hydrogen Gas Storage

In a typical application, hydrogen gas needs to be stored in high pressure tanks located on the vehicle. Current technology allows for tanks that can only store enough hydrogen gas to allow the vehicle to travel 250 miles before refueling. Manufacturers are testing tanks that allow hydrogen to be pressurized in excess of the 500 p.s.i. limit of today's tanks. This allows more fuel to be stored in the tank, thereby extending the cruising range of these cars.

Reformers

Fuels such as gasoline, methanol, or natural gas can also be used as the hydrogen source for fuel cell cars. However, removing the hydrogen from these fuels requires what's called a reformer. While reformers can extend the car's cruising range to 400 miles, they add to the complexity of the vehicle, and the reformers themselves require significant maintenance.

Fuel Distribution

There are also safety considerations as well as distribution requirements that need to be addressed with this new technology. An extensive infrastructure to deliver gasoline to cars on the road today already exists. Storing hydrogen safely, and delivering it to consumers owning fuel cell cars, will take significant time, money, and public acceptance.

2020 Fuel Cell Cars

In 2019, there were only three car manufacturers offering fuel cell vehicles in limited numbers. Those cars include the Toyota Mirai, Honda Clarity and the Hyundai NexoT. Since each of these cars depends on hydrogen gas as the fuel source, availability is limited to those organizations with access to hydrogen refueling stations. As of October 2020, cars were only available where adequate refueling stations exist.

The following table compares the cruising range, vehicle class, motor and availability for each of these vehicles:

Model Year Comparisons

2020 Toyota Mirai2020 Hyundai Nexo2020 Honda Clarity
Cruising Range312 miles265 miles366 miles
Vehicle ClassSubcompactSmall SUVMidsize
Power (kilowatts)113kW100 kW130 kW
AvailabilitySale or LeaseLease OnlySale or Lease

On the one hand there are several significant hurdles faced by manufacturers of this new breed of car before their widespread availability and acceptance. On the other hand, there is the efficiency and environmental benefits these cars offer the marketplace. Over the next few years, the industry should have a better idea whether the benefits are enough to outweigh costs. If they do, Americans may all be driving a fuel cell car one day.


About the Author - Fuel Cell Cars


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