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Shift: A podcast about mobility

Tom Stephenson on the burgeoning hydrogen economy (Episode 145)

Shift: A podcast about mobility

Automotive News

Business

4.831 Ratings

🗓️ 24 April 2022

⏱️ 56 minutes

🧾️ Download transcript

Summary

The chairman and CEO of Pajarito Powder explains hydrogen’s role in thwarting climate change and impacting energy security. He further details how hydrogen fuel cell vehicles complement rather than compete with battery electrics.

Transcript

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0:00.0

For more than 130 years, Borg Warner has brought cutting-edge mobility solutions to the automotive industry.

0:07.0

Now they're leading the charge to e-mobility, starting with a pledge to be carbon neutral by 2035.

0:14.4

To learn more about their innovative solutions,

0:16.8

visit Borg Warner.com. Hi everybody. Welcome to Shift, a podcast about mobility. I'm your host Pete Bigelow. Thanks for listening today.

0:39.2

If you pay attention to the auto industry, you know that battery electric vehicles are all the rage right now

0:44.9

they're being sold in greater numbers and claiming a greater percentage of market share than

0:49.2

ever before there's more than a hundred new vehicle models on the way.

0:54.0

EVs are a Ballyhooed talking point with regard to the federal government strategy

0:59.1

in combating climate change.

1:01.3

But they are not the only alternative to the internal combustion engine.

1:05.9

Perhaps more quietly, hydrogen fuel cells are also having their moment right now.

1:11.8

Their only emission from the tailpipe is water. Companies like General Motors,

1:16.8

Toyota, Hyundai, Daimler, and others have all made big investments in hydrogen.

1:22.0

Now with war in Europe, EU leaders are

1:25.7

laser focused on energy independence and energy security. A linchpin of their

1:31.0

targets and goals, hydrogen.

1:34.0

They were already in a leadership position on hydrogen development,

1:37.5

and since Russia's invasion of the Ukraine,

1:40.1

they've quadrupled their planned investment in hydrogen through 2030.

1:45.2

My guest today is here to dive into the details on all of that and everything else related to

1:50.2

hydrogen. Tom Stevenson is the chairman and CEO of hydrogen startup

1:54.7

Pahrito Powder. Tom's company caught my eye last summer when Energy

...

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