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Nordic hydrogen company challenges the electric car

While auto manufacturers have hesitantly embraced hydrogen technology, Danish-Norwegian tech company Nel Hydrogen has maintained faith in the technology. This led to a large order in California, while the company's Danish facility will soon grow to 15 times its current capacity.

Elon Musk and Tesla helped boost electric cars into the spotlight, as they enjoyed popularity similar to Apple's iPhone for a certain number of years. But not every consumer opts for an iPhone, just like not every car owner will be driving an electric car.

This is the assessment from Danish-Norwegian Nel Hydrogen, which flew relatively under the radar while it transitioned from its entrepreneur phase to become one of the world's leading companies in the distribution and storage of hydrogen. The company, which is listed in Norway, was created via a merger of Nel Hydrogen and Denmark's H2L Logic.

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RWE criticizes Repower EU

The German utility is concerned that elements of the new EU plans will end up curtailing the roll-out of hydrogen and that Repower EU could potentially run counter to the entire purpose of emissions trading.

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