Why hydrogen is losing the race to power cleaner cars
“A decade ago, the race to introduce a popular zero-emissions vehicle was anyone’s to win. “Go back to the 2010s, and the two technologies—electric and fuel cell—were very much talked about in the same breath,” says Colin McKerracher, head of the transportation team at BloombergNEF. Today, though, batteries are the clear front-runner. In 2023, global sales of battery electric vehicles topped 10 million, plus about 4 million plug-in hybrids. In that same period, only about 14,000 fuel-cell vehicles were sold worldwide. That means for every hydrogen-powered vehicle sold, 1,000 battery-powered ones were hitting the road. And the gap is widening, with EV sales growing by around a third in 2023 and sales of fuel-cell vehicle shrinking by roughly the same percentage. One of the central draws for fuel-cell vehicles is the speed and ease of fueling up at stations. Building those stations, though, has proved to be a challenge. Overall, hydrogen fueling infrastructure is seeing modest growth globally—but things have been going in the wrong direction in some key markets, including the hydrogen enclave that is California. Shell closed down all its hydrogen fueling stations for passenger vehicles in the state earlier this month, though the company will still operate some for heavy-duty vehicles. That follows similar closures across the state in late 2023.” (MIT Technology Review)
US Department of Defense Plots Renewable Energy Takeover
“The US Department of Defense has been an early adopter of solar power at its own facilities, especially out West where abundant space is available. Now the agency aims to deploy its buying power towards parts East. Earlier this month the DOD hooked up with the General Services Administration in a scheme to draw more renewable energy resources from a wide swath of the US, covering 65 million people in 14 Atlantic and Midwest states along with the District of Columbia, all with the aim of transitioning its facilities to 100% carbon free electricity.” (Clean Technica)
A weekly dispatch featuring exclusive interviews with deep tech founders & a roundup of the most important deep tech news.
- Japan set to launch first wood satellite
- China Breakthrough Promises Optical Discs That Store Hundreds of Terabytes
- Judge issues restraining order keeping DOE from tracking bitcoin miners
- After a decade of stops and starts, Apple kills its electric car project
- Spain to set up a new body tasked with pumping €20bn into deeptech
- This startup is bioengineering tissue into human vein implants
- U.S. Is Reportedly Using AI to Decide Where to Drop Bombs
- Elon Musk sues Sam Altman, Greg Brockman, and OpenAI
- MIT just released directions for commercializing perovskite solar cells
- Building bionic jellyfish for ocean exploration
- Earth as a test object to evaluate the planned LIFE space mission
- Researchers hack a 3D printer to speed up fabrication of bioelectronics
- Robotics startup Figure raises $675M and partners with OpenAI
- Spotting pirates from space: French spacetech Unseenlabs raises €85M
- Pfizer Ventures leads £40.5M round in UK cancer drug discovery startup
- U.S. DOE Announces $15M to Boost Collection of Used (Spent) Consumer Batteries at Retailers
- Geothermal startup Fervo Energy is tapping fresh $221M round
- Bioptimus raises $35M seed round to develop AI foundational model focused on biology
- BlossomHill Therapeutics, a biotech startup focused on small molecule treatments for cancer and autoimmune diseases, raised a $100M Series B
- Kenai Therapeutics, a biotech startup focused on developing cell therapies for neurological disorders, raised an $82M Series A
- Anthro Energy, a startup providing lithium-ion batteries, raised a $20M Series A
- Vertical indoor strawberry farmer Oishii raised a $134M Series B
- Alamar Biosciences, a company enabling the earliest detection of disease, raised a $128M Series C
- Exodigo, a startup modernizing underground mapping, raised a $105M Series A
- Matter Neuroscience, a startup aiming to provide personalized insights into brain chemistry, raised a $26M round
- Regenerative medicine startup Pelage Pharmaceuticals raised a $16.8M Series A
- CellVoyant, an AI-first biotech startup, raised a $10M seed round led by Octopus Ventures
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