Future, Present...a Smart Investment Paying it Forward
- Bob Soljacich - akceler8
- Feb 8, 2018
- 1 min read
The following is an excerpt from The Fuel Cell and Hydrogen Energy Association (FCHEA) January newsletter. Very exciting to hear investing in HFCEVs will continue as the number one trend for automotive companies. Most of you who have been following a8 and its involvement with the company HXT (we are shareholders) know the importance of Hydrogen as it relates to the well being of our planet and its inhabitants.
Global Automotive Executive Survey: Two-Thirds Will Invest in Fuel Cell Vehicles Over the Next Five Years
On January 5, Big Four auditor KPMG released its 2018 Global Automotive Executive Survey. Of the 1,000 surveyed executives from leading automotive companies, including ninety from the U.S., 67% say they plan to invest in hydrogen fuel cell vehicle (FCV) powertrains over the next five years.
The survey also states that "Fuel cell electric vehicles are the number one executive key trend until 2025 and have steadily grown in importance on their agenda over the last four years."
An overwhelming 77% of auto executives worldwide believe that FCVs will be the "real breakthrough for electric mobility," with respondents in North America and Asia especially optimistic. In addition, 78% of global automotive executives say that hydrogen will be more favorable than traditional batteries for energy storage applications.
If you're looking for more information about this important subject or interested in exploring an investment opportunity, please reach out to us via our website, akceler8.com or contact: bob@akceler8.com
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