S.F. Chronicle, March-1-2008:
The German car manufacturer BMW told TED (Technology, Entertainment and Design) conference attendees in Monterey, CA Thursday that the company is betting the store on hydrogen.
"Water is the coal of the future," read a big sign in the middle of the room. It was a reference to the process of extracting the H from H2O, and then using it to power the same internal combustion engines we use today.
Turns out BMW started its hydrogen program back in 1978, and as such, has a ton of research on the topic. For example, BMW says:
-- Technology will allow us to mass-produce hydrogen without burning fossil fuels to do so, in the next 10 to 15 years.
-- The cost of putting a hydrogen gas station on every 40 to 50 miles of U.S. roadways would cost $400 billion to $500 billion.
-- We will see the beginnings of hydrogen infrastructure, e.g., gas stations, by 2025.
-- We will switch over totally between the years 2040 and 2050.
With those time frames being pretty far out, it should be noted that BMW is developing hybrid models in the meantime. The first is expected out in 2009. But, in the long run, the Bavarians are betting their euros on hydrogen.
Complete story:
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/03/01/BUFOVB1KA.DTL