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You got to listen to this what you just heard probably wasn't what you think that was the sound of a hydrogen powerered internal combustion engine and it's the sound of the future hi everyone I'm Steve Hill CEO of new hydrogen with the latest hydrogen news most of the recent Automotive news about hydrogen has been all about fuel cell electric vehicles but there's a new trend gaining traction one that might appeal to consumers in ways EVS can't
EVS are great but they're not for everybody to address this some of the biggest names in the industry are already deep into developing prototypes and making significant investments in hydrogen combustion engines this could open up new possibilities for the automotive world that go beyond your typical EV you might be surprised that the number of major manufacturers now in investing heavily in hydrogen combustion engine technology it's a topshelf list that includes heavy weights like Toyota Honda BMW
Ferrari Bosch cumins Volvo Daimler man Suzuki kamasu Volkswagen and renol and more seem to be joining the movement every day the latest company to join the trend is also the first in its class with a hydrogen motorcycle last week Kawasaki showed the world its first public demo of a hydrogen powered motorcycle in Japan this isn't your typical electric bike it's an internal combustion engine that runs on hydrogen producing only water as an emission you get the
Revs and the rumble without the pollution and that could be a winning combination there's an even bigger race underway that you should also know about the global race to dominate The Green hydrogen sector a competition that's reshaping the future of energy depending on how you measure Europe and China appear to be leading the charge but this is a worldwide contest Europe with its bold clean energy policies has committed 430 billion euros to create a hydrogen infrastructure
That spans the continent aiming to be carbon neutral by 2050 China leveraging its experience in solar panel production is rapidly scaling up its hydrogen Ambitions targeting 100,000 hydrogen powered vehicles and 1,000 refueling stations by next year this isn't just a tech rivalry it's a battle to lead the the global energy transition the United States is also making its move with $8 billion allocated for clean hydrogen hubs the US is determined to lead the hydrogen economy competing
Head-to-head with Europe and China meanwhile Japan and South Korea are executing their National hydrogen strategies with plans to integrate hydrogen into key sectors like transportation and Industry Australia is emerging as a green hydrogen Powerhouse capitalizing on its vast renewable resources to become a leading exporter particularly to Asian markets the Middle East too is entering the fry with Saudi Arabia and UAE investing in largescale hydrogen projects to diversify their energy portfolios the global race isn't just about
Technology it's about setting standards for a new energy era as Nations buy for hydrogen dominance the true leaders will shape the future of the global economy new hydrogen stands at the Forefront with breakthrough technology that leads the way as the world shifts from fossil fuels to Green hydrogen our revolutionary thermal ThermoLoop technology promises a clear path to the world's cheapest green hydrogen making other methods Obsolete and enhancing the viability of off-taker business models to stay updated
On our development progress visit newh hydrogen. And sign up for our newsletter That's it for today stay tuned for more exciting developments in the hydrogen space Thanks for watching and we'll see you again next week