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Released May 27, 2021 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--As a fuel for vehicles, hydrogen is plentiful and has a higher energy density. In addition, it takes a much shorter time to refuel hydrogen-powered vehicles than those powered by rechargeable electric batteries. However, hydrogen currently lacks the refueling infrastructure necessary to make it a long-range option.
According to the Young Scientists Journal, the future of long-haul trucking still may reside in hydrogen. The benefits of shorter refueling times and increased range, compared with the extra weight penalty seen in battery-powered trucks, will tend to move the economics in hydrogen's favor, if the infrastructure is built up for supplying hydrogen fuel nationwide.
One manufacturer, Nikola Corporation (NASDAQ:NKLA) (Phoenix, Arizona), already is betting on hydrogen as the way forward for large trucks. Industrial Info is tracking two capital projects, valued at $650 million, related to hydrogen-fueled trucks. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the project reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
According to the Young Scientists Journal, the future of long-haul trucking still may reside in hydrogen. The benefits of shorter refueling times and increased range, compared with the extra weight penalty seen in battery-powered trucks, will tend to move the economics in hydrogen's favor, if the infrastructure is built up for supplying hydrogen fuel nationwide.
One manufacturer, Nikola Corporation (NASDAQ:NKLA) (Phoenix, Arizona), already is betting on hydrogen as the way forward for large trucks. Industrial Info is tracking two capital projects, valued at $650 million, related to hydrogen-fueled trucks. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for the project reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
