Hybrid, fuel cell prowess seen in Tokyo

Detroit Free Press | October 21, 2005 | MICHELLE KREBS

[NickatNite2003]

Arcticle cannot be excerpted

http://www.freep.com/money/autonews/tokyo21e_20051021.htm

[NickatNite2003]

Slowly they turned...Step..by..step.... :o)

[hoosiermama]

Must be using Ballard fuel cells....Most of the major auto makers listed have bought stock in the company.

[calrighty]

inch by inch............................ : )

[calrighty]

and......

[John Jamieson]

Yes, many people have been losing money on Ballard as it's stock dropped from $120 five years ago to less than $5 today. Maybe fuelcells aren't the answer.

[John Jamieson]

Best estimates from available financial data from Ballard Power (who has made over 80% of the FCs for vehicles over the past decade) are that road-qualified PEMFC engines still cost over $6,000/kW to produce, even though they sometimes sell the stacks alone for as little as $1300/kW [13]. (Over two-thirds of their revenue still comes from other sources).

200hp=$1,200,000, seems fair!