Get the latest tech news

Ecolectro stuffs hydrogen production into shipping containers to cut costs


The startup figures the best way to rein in costs is to bring production closer to where it’s being used.

It lost the battle over personal transportation to battery electric vehicles, and for industrial users, it remains far more expensive than natural gas. Like many hydrogen entrepreneurs, Gabriel Rodriguez-Calero figures the best way to rein in costs is to bring production closer to where it’s being used. Lisa Coca, partner at Toyota Ventures, thinks that Ecolectro has a shot at producing hydrogen for $1.35 per kilogram by the end of the decade.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of costs

costs

Photo of hydrogen production

hydrogen production

Photo of Ecolectro

Ecolectro

Related news:

News photo

Solid-state batteries enter pilot production, costs expected to drastically drop

News photo

Samsung to shut down 50% of foundry production lines to cut costs

News photo

Samsung blames 'one-off costs' as Q3 chip profits plummet 40%