By rewriting its National Hydrogen Strategy before schedule, the German Economy Ministry (BMWK) hopes to consolidate goals to double the nation’s electrolysis capacity by 2030, which is required to separate water into hydrogen and oxygen.
Manufacturing, vehicle integration, safety, and road certification will all fall under ABT’s purview. It is a modular system that can be made to fit the vehicle’s size by placing two to seven 700-bar hydrogen tanks at the bottom of the model. This prevents interior space from being lost.
In order to create hydrogen-powered ships and port applications for the European market, renewable energy startup e1 Marine has signed a Memorandum of Understanding (MoU) with naval design and engineering experts NAVTEK.
PitchBook data reveals that the amount of private financing flowing into startups and established businesses involved in the expanding hydrogen economy has never been higher.
The production will take place at BMW’s “pilot factory” at its Munich Research and Innovation Centre, with the vehicle expected to hit the roads in the spring of 2023. The plant employs about 900 employees who work in departments like the body shop, assembly, and concept car manufacturing.
With the signing of a Memorandum of Cooperation (MoC) to encourage innovation and create a global hydrogen market, the EU and Japan have strengthened their cooperation on hydrogen.
Fuel costs rose in 2022, increasing the government’s ambition for efficiency. As a result, many significant policies, spending pledges, and public campaigns were introduced.
