BMW targets half of all its new cars to be electric by 2030. However, the German manufacturer also believes hydrogen will be more in demand.
BMW CEO Oliver Zipse, said, currently the hydrogen market lags several years behind electric vehicles. But, in the future it will soon become a big player.
“After electric cars, which have been around for about 10 years and are improving rapidly, the next trend is hydrogen,” said Zipse
Zipse added, if later hydrogen-powered cars were more scalable, the technology would be the coolest thing to drive.
In the last two decades, BMW is one of the manufacturers that has developed a hydrogen engine. Not long ago, BMW also announced that it has developed a hydrogen-powered iX5 that will be produced later this year.
According to Zipse, no one resource is so perfect that it overrides other resources. Electric power makes sense in urban areas in developed countries where there is ready-to-use access to charging infrastructure, but in other situations hydrogen could be more in demand.
“To see the UK in 2030 or Europe in 2035, with only one driving force, that is something dangerous. For consumers, industry and employees, for the climate, every side you look at it, it’s a dangerous road to go,” Zipse said.
Manufacturers should not focus solely on EV technology, BMW CEO Says