Member Info for tc_smp

But, I have to be honest. I simply wouldn't buy a hydrogen car currently.

There are next to no refuelling garages in the UK and I'm not sure that's about to change.

I have to say I find this surprising and very disappointing news.

In future, if I were given a choice between buying a hydrogen or electric car.

I would buy a hydrogen each and every time assuming their were enough garages to refuel around the country.

I don't trust electric batteries if my laptop or mobile phone are anything to go by.

Not only that, I don't want to be waiting, how ever, long it takes to charge my battery if I'm on a long trip.

Or if I need my car urgently yet, I can't move it as I first have to charge it.

@Jeff. Thank you for trying to answer my question.

Thanks bilboburgler, trust me to ask the wrong question.

Occasionally, people write on here about the share price getting to a certain amount.

But, I do have some questions in relation to that.

Sometimes a share price will simply rise on sentiment and what's perceived to be coming and other times it rises due to actual performance and profits.

Just considering actual performance and profits, what sort of profits would be needed to be generated for the share price to reach 50p, £1, £2, £4 in people's opinion and are such profits feasible? Clearly this will be closely linked to the number of shares in circulation. I'm assuming others on here have already run the numbers, so I just wondered how much profit the company first has to make in order to give these thresholds a chance of being reached? Thanks.

You're right swingman, maybe I should invest in socks. At least, I can make them go up whenever I want :)

@Constructivenews: you are right of course, there is no guarantee of a 500mw order by early next year. However, I don't see why that would necessarily mean a drop of 43% in the share price? Or did you mean any price in the 20s rather than actually 20?

@bilboburgler: thank you. I guess the information I saw was out of date.

And talking of Germany.

BMW WILL LAUNCH THE FIRST HYDROGEN-POWERED PRODUCTION MODEL IN 2028. After successfully testing the BMW iX5 Hydrogen pilot fleet worldwide, the BMW Group is now preparing for series production of vehicles with hydrogen drive systems in 2028 on the basis of the jointly developed next-generation powertrain technology.

Assuming they sell first in Germany, the hydrogen infrastructure would have to be put in place in at least a few places to start with.

I see that ITM Power has hydrogen refuelling centres so that answers my question. However, there are so few in the country right now there would have to be thousands put in place if this were to take off. That's potentially going to be a stumbling block as somebody would need to pay for all of that.

Perhaps not particularly relevant but Tesla are looking to develop a green hydrogen car by 2026. Personally speaking, when I eventually dump my unleaded vehicle I would much prefer to buy such a car over an electric vehicle. The long wait for charging and my assumption that the battery will get worse over time really doesn't make me want to go out and get an electric vehicle.

Assuming that Tesla will pull this off and given Musk's wealth there is no reason to think that he won't do unless he changes his mind. I do have a question?

If this were to lead to a green hydrogen car revolution and there is no guarantee that it would do. Just going by own thoughts I'm guessing many people feel the same way about electric and not to mention governments around the world wouldn't have to pay millions of pounds to put in the electric charging points infrastructure.

Where would ITM Power sit in all of this? I do appreciate it's all just conjecture for the moment though ...