GLN 7.14% 13.0¢ galan lithium limited

Hey mate. Hydrogen won’t come into play in the direct propulsion...

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    Hey mate.

    Hydrogen won’t come into play in the direct propulsion of cars, I believe we are not going to see hydrogen tanks in cars for donkeys years on a large commercial scale. I know Germany has been trialing hydrogen in cars and they have hundreds on the road, with very few refueling stations.

    However I do think there is significant room for larger hydrogen cells to provide the power to charge EVs.

    I did post several months ago about a major NZ company who is going to implement this technology to power the company, like a mini nuclear reactor but only hydrogen.

    As most are aware with the massive budgets auto makers have committed to R&R in electrics, it is inevitable that the price of EVs will drop at a comparable level to current uptake in sales.

    We are only several years away from being more cost effective in all fronts. EVs will be cheaper, and as the huge investment in battery technology comes to fruition, range will increase dramatically as well as the performance in some of the more extreme conditions.

    Anyway, I continue to watch all spaces when it comes to competition for lithium. All good at the moment.

    Cheers.
 
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