Hydrogen cabs in Berlin
More than one million kilometers have been covered by hydrogen-powered Uber cabs in the capital city
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Hydrogen cabs in Berlin
More than one million kilometers have been covered by hydrogen-powered Uber cabs in the capital city
It is the largest hydrogen fleet in terms of commercial passenger transport. By the end of 2022, the Uber cabs will have entered service, initially 50 of them, later up to 200. Whether hydrogen has chances in normal car traffic is judged differently. However, the fuel cell can be used efficiently in heavy-duty traffic, for example, where it can show off its strengths. Refueling takes only a few minutes, but the network of filling stations is not yet sufficiently developed. The situation is different in Berlin, where the vehicles are always close to a refueling station. To enable the fuel cell to convert hydrogen into electrical energy, the precious metal platinum is important; it acts as a catalyst. Today, almost half of the platinum goes to the automotive industry. This is because palladium is increasingly being replaced by platinum in the catalytic converters of gasoline engines. When it comes to platinum and palladium, there is no getting around Sibanye-Stillwater (https://www.commodity-tv.com/ondemand/companies/profil/sibanye-stillwater-ltd/). With projects in North and South America and in South Africa, the company produces these two precious metals, plus gold, and is also involved in other battery metals.
Hydrogen fuel cells for zero-emission electric vehicles can therefore play a role in drive technologies for a green future. Apart from heavy-duty traffic, buses or fleets like in Berlin, it is of course the "conventional" electric cars that reduce emissions. They contain raw materials such as cobalt or lithium, which could become scarce due to the increasing electrification of road transport. Century Lithium (https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/) will be able to provide supplies of lithium. In Nevada, Century Lithium owns the Clayton Valley Lithium Project, with initial production having already successfully taken place.
Current corporate information and press releases from Century Lithium (https://www.resource-capital.ch/en/companies/century-lithium-corp/) and Sibanye-Stillwater (https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/).
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