STUDY * USA - U.S. Needs to Invest $200 Billion in Hydrogen Vehicles
National Academies of Science says US should invest $200B in hydrogen fuel stations, research
Washington,DC,USA -The Detroit News/Automotive Digest -22 July 2008: -- Amount includes $55B in government funding through 2023. Remaining amount would mostly come from automotive, energy sectors... Report came 3 years after Congress ordered feasibility study on greater hydrogen use. The Report says 2M hydrogen vehicles would be on roads by then, out of 300M total vehicles... But report also says 80% of all vehicles could be hydrogen by 2050... Hydrogen vehicles currently believed to cost about $1M to $2M each when made in low volumes... Hydrogen fuel stations today primarily available in only S CA, NY, DC... Governor Arnold Schwarzenegger has ordered statewide hydrogen fuel stations by 2010 in CA...
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