As Daimler seems to be getting along in the market, its bet in both electric and hydrogen powered cars might be compelling as a front runner is emerging.
In a chat with Euro am Sonntag, company chief Dieter Zetsche says he believes EVs are “more likely” to come out on top. Simply put, he believes the electric camp has more answers. EVs with long range and fast charging are “within reach,” while it’s still not clear how you’ll make hydrogen both cheap and widely available. That doesn’t mean that fuel cells are out — however, their future isn’t looking good.
Just don’t expect Daimler to lean on the government, whichever power source comes out on top. Zetsche likes Germany’s goal of 1 million EVs on the road by 2020, but he doesn’t believe that subsidies (such as tax breaks in the US) are the way to make that happen. They represent a short-term “bridging function” that won’t last long, he says. While it’s doubtful that Zetsche will turn down discounts that come his way, he’s clearly putting more trust in technological solutions.
Source:Â Reuters, Engadget
