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    Hyundai Motor Group Withdraws Canadian Hydrogen Project
    Canada

    Hyundai Motor Group Withdraws Canadian Hydrogen Project

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    16 Comments

    1. Alone-Bug4328 on

      Well, I sure hope choosing the Germans for the submarines was the right choice. This project they’re describing sounds awesome… It’s a shame 🙁

    2. A_Pointy_Rock on

      Probably a positive on-point. Sure, the investment would be great – but hydrogen for road transport makes very little sense in the vast majority of cases even *if* the infrastructure is in-place.

    3. Link50L on

      As expected, and completely fair. There will be more opportunities with SK-Can for mutual wins.

    4. PolarityInversion on

      lol, these headlines are crazy. It was always contingent on winning the bid, and was specifically part of the proposal. Nobody was expecting them to move forward with this if they lost the bid.

    5. Canadian-AML-Guy on

      You know, I’m not a sub expert but it seemed like either option would have suited our needs. The Koreans know how to actually deliver on time and on budget and it seems like the industrial benefits were far better. Dont know why we chose TKMS and it’d be great to have more details about the deal because news like this stings

    6. Real-Ice9552 on

      I was actually really hoping they would choose South Korea instead of Germany. In my view, Germany has long been an ally already, so that kind of cooperation would just be continuing down the same path. South Korea, on the other hand, would represent both a political and an economic expansion. I also think South Korea’s efficiency, innovation, and the employment opportunities it can offer are quite unique.

    7. RefrigeratorOk648 on

      Well it was part of the deal to buy submarines so this is a none story 

    8. rx-mdavja on

      Hydrogen as a fuel is a scam business for anyone who understands the engineering side of things. While it is energy dense by mass it is not energy dense by volume. You would need a hydrogen tank about 10x larger for the equivalent energy storage as basic fuel. Furthermore, you are forced to use cylindrical tanks as opposed to any possible shapes you want for regular fuel and basic shapes that are easy to stack for batteries.

      It’s only possible implementation is for things that require to be very lightweight and large, aka aerospace sector or maybe ship building. Even then there are so many containment issues and maintenance safety concerns as hydrogen is extremely leaky and needs a constant super cold temperature and pressure to contain.

    10. TrueTorontoFan on

      I liked this project it is a bit of a long term plan but I liked the idea of it. But it would have needed significant infrastructural implementations to make it work in a real way. They were going to start on the west coast but hydrogen expansion for vehicles would have been a major undertaking.

    11. LostHero50 on

      Don’t be misled, hydrogen fuel is a Mickey Mouse industry. Even with massive investment, there’s so many fundamental problems: poor energy efficiency, difficult storage requirements, and significant energy losses throughout the production and transportation process.

      All this would have done is provide some jobs at the plant they were proposing to build, nothing more. There’s no future for hydrogen fuel with our current technology.

    15. Mike-North on

      Could we stop pretending hydrogen will ever be a viable large scale power source? I’m surprised anyone has money in it any more