How Nissan and Honda's $60 billion merger talks collapsed
neuters.de
Intransigence, combined with what Honda management saw as Nissan's slow decision-making, helped torpedo a deal that would have created one of the world's largest automakers.

Summary

  • Nissan’s pride and denial hindered merger talks, sources say
  • Honda pushed Nissan for deeper cuts to jobs, factory capacity, sources say
  • Nissan unwilling to consider factory closures, sources say
  • Honda’s proposal to make Nissan a subsidiary caused tensions, sources say
  • sugar_in_your_tea@sh.itjust.worksEnglish
    2·
    13 hours ago

    I think hydrogen has a future, but more for long haul trucking than personal cars. The general idea is to generate a ton of solar power during the day and use the excess to produce hydrogen, and then use the hydrogen to fuel heavy equipment, trucks, and cover for low solar production days.

    This solves many of the issues with hydrogen:

    • no need to transport hydrogen, just use it locally
    • wasting energy for production is fine because it would be wasted anyway
    • only used in heavy equipment, so no need to sell the public on it
    • Patch@feddit.ukEnglish
      1·
      14 minutes ago

      Hydrogen remains a solution desperately in search of a problem.

      If your aim is to generate locally, why not just use batteries? They’re cheaper, more efficient, and more reliable. Why have the lossy and very high maintenance electrolysis and hydrogen storage/transfer process involved?

    • Echo Dot@feddit.ukEnglish
      1·
      13 hours ago

      That way though you would have to haul around the electrolyzing equipment with you which seems redundant and it’s pretty heavy. I’m not sure that would necessarily work.

      Also in that scenario you would have to keep the water on board so that you could electrolyze it again. That adds even more weight. A molecule of water weighs 18 times more than a single hydrogen atom so every single time you run this process your vehicle suddenly gets massively heavier.

      • sugar_in_your_tea@sh.itjust.worksEnglish
        1·
        9 hours ago

        I think you misunderstood me. I’m saying good trucks would use the fuel, not generate it. They’d stop at warehouses and hubs and whatnot to refuel using “waste” energy from the warehouse or hub.

        The whole point is that trucks largely take routine routes, so it’s fine if availability is limited because they can plan trips around refueling points. Also, they’re massive, so there are plenty of options for storing the hydrogen since space isn’t really an issue.