Can Hydrogen Trucks Compete with Diesel on Cost? Glickenhaus Believes So
Reports indicate that Glickenhaus, a company making moves in the hydrogen-powered truck market, is optimistic about the future of hydrogen fuel cell vehicles. The company believes that it is possible for hydrogen trucks to be as inexpensive to operate as their diesel counterparts. This potential would make hydrogen a far more attractive option in the trucking industry.
The primary cost considerations are the expense of the hydrogen fuel, maintenance, and the initial vehicle price. Glickenhaus’s views stem from an assessment of the potential for hydrogen fuel to become less expensive as production methods evolve. Also, the company is anticipating that hydrogen trucks will have comparatively lower maintenance expenses than diesel trucks.
Currently, the trucking industry relies heavily on diesel, with a mature infrastructure that offers relatively consistent price points. However, the switch to alternative fuels is being considered as part of a broader effort to lower carbon emissions and address climate control concerns. The industry is closely watching developments relating to hydrogen fuel cell technology to see how the costs compare for long-haul transportation.
The success of hydrogen trucks depends on factors like government incentives, infrastructure improvements, and the rate of technological advancement. If these factors align, the cost-competitiveness of hydrogen trucks could become a reality for the industry. The potential for this transition is a significant topic of discussion.