“Grouping production to create giga-factories has already brought down the price of batteries dramatically, and we know we can do exactly the same thing for fuel cells.” not yet reached-mass production prices. brought down the price of batteries chicken-and-egg challenge? I am sure that when we have sufficient dramatically, and we know we can do infrastructure we will be able to compete exactly the same thing for fuel cells. How SHK: We have supplied 46 fuel-cell trucks with battery electric vehicles first, then do you refuel a hydrogen car? and will add 140 this year. Drivers are with internal combustion engine vehicles. very satisfied with the performance, and SHK: It can be refuelled within three they have to climb a lot of mountains! It’s FF: How do they work? minutes, but we have a problem with economic in Switzerland due to their tax infrastructure. The early, experimental system. When driving a normal diesel SHK: You know that! A fuel cell produces stations could refuel only about 30 Class 8 there, you’re taxed nearly one the opposite reaction of electrolysis, vehicles per day. To make a business dollar per kilometre. Tax policy can solve which creates hydrogen and oxygen case, you need to refuel about 200 the very high ‘green premium’ problem from electricity and water. It combines vehicles per day. Korea now has about faster than mass production, and we need hydrogen fuel and oxygen from the air, 70 stations, with increasing capacity it right now. then through an electrochemical process per station, and a goal to build 310 by creates water and electricity to run the 2022. The situation is different country FF: I totally agree. We have to set the vehicle. So a fuel cell vehicle runs just like by country, of course. Korea has about right policies now, if we want to reach the a battery vehicle. The only difference is 10,000 cars and 70 stations, but 2050 targets. The captive fleet approach where you get the electricity. Germany has almost 100 stations, and in Switzerland deploys hydrogen very few cars. Japan is more balanced, production, infrastructure, and trucks FF: The two main elements you add but achieving that balance is a chicken- simultaneously. That’s the best solution to are the hydrogen tank and the fuel cell. and-egg challenge. demonstrate that hydrogen works both Sharing production of them between from the business and technical points of different car manufactures does of course FF: Yes, it is a complete value-chain view. You have developed a very nice reduce the price of these components, as problem. We will have to build everything solution! you said Sae Hoon. Grouping production together, and simultaneously. What have to create giga-factories has already you done in Switzerland to help with the SHK:Thanks, Fabio. 41