April 24, 2008
Israeli invention could pave way for hydrogen cars
(Page 2 - Previous Page)"With our solution, we have solved the three major problems that have faced hydrogen fuel technology -- size of tank, its safety and lightweight storage," Stern said. "In addition, we believe that the use of this system will actually reduce the price of cars overall, chopping about $1,600 off the sticker price, since the standard gas tank will no longer be necessary."
In addition, hydrogen fuel produced in this manner has another advantage, Stern said,
"Since we are in essence producing a battery," he explained, "the technology can be adapted to work with other devices and products that utilize battery power, as well, such as laptop computers and cellphones."
A laptop battery product to scale would be cheap and easy to make, he said, and allow far greater periods of untethered, electricity-free work than the current Li-On batteries used by many laptops.
After six months of testing in Germany, where the company expects approval by the BAM institute, Stern and his team will present the technology to U.S. authorities and international carmakers.
"BAM's approval will be accepted worldwide, and at that point, we will be able to close deals with a strategic partner," Stern said.
Meanwhile, C.En has raised $10 million so far and expects to greatly increase its stake once the testing is done.
"We are looking now for one of the giants to adopt our technology and support it," Stern said.
It's hard to imagine he won't find several companies to embrace his breakthrough, which could really, finally, solve the oil problem, once and for all.
Article courtesy of The Jerusalem Post.
David Shamah is a freelance writer for ISRAEL21c, a media organization focusing on 21st century Israel.
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