I’m not convinced just yet because of this (Home Hydrogen Fueling Stations - Overview | Hydrogen Cars Now), but i’ll take a look at Robert Llewellyns channel and see.
The downside of batteries is the massive amount of chemical waste which will be left when they are to be recycled or replaced.
One of their recent videos tackles just this! Batteries are surprisgly recyclable with little waste. Also a Chinese manufacturer just announced, and Tesla are rumoured to be announcing, battery packs that will be guaranteed for 1 million kms! After the car itself has fallen apart they still have viable 2nd lives in grid and domestic storage before they need to be recycled.
That said, I wish there was some standardisation so that there was a 3rd party market in batteries for cars - that’s something that the EU would be great at handling. If they could start with bloody power tool batteries and the daft plastic pegs/odd shapes they have so that you can’t interchange identical battery packs between different brands then that would be great.
I’m a huge fan of both electric cars and of a hydrogen economy, I think they both have huge futures in their own areas.
WoW - that’s impressive.
I believe but not looked into it closely that Nikola trucks are leading the hydrogen field $NKLA
It’s off again! Can’t quite work out why but I’m not complaining. Up a pound this month now.
They’ve been in the news a lot, mostly specialist publications for renewables/the energy sector but a couple of things popping up in the mainstream too.
On top of that the energy sector in the EU is running a campaign for renewable/green hydrogen that’s backed by some really big names - https://www.choose-renewable-hydrogen.eu/. Of course, that’s the EU 
so how it will affect a UK based up and comer like ITM remains to be seen… ughh 
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Anyway, I’m just assuming the soaring share price is based on future potential rather than current financials. They’re worth following on LinkedIn, they’re quite active in posting every single article that features their name.
They’ve been featured a lot in the news recently. Have yourself a quick gander and the SP rise will make a lot more sense. All the positive stories plus the upcoming inclusion into the MSCI World Small Cap Index means that ITM are now well and truly on a LOT more people’s radars!
I hope anyone who was thinking there would be a retrace back down to 100p bit the bullet and jumped back on last week. SP will reach 300p before we know it and then the skies the limit. It’s never too late though, long term this is a great stock to be in. Good luck and DYOR! 
I don’t think this will touch Tesla. Hydrogen for mobility is a dead end in my opinion. You can see a point in the near future where hydrogen will be better than diesel but batteries are just going to keep getting better and cheaper. Hydrogen has an enormous role to play though. Just cleaning up the existing hydrogen market for fertiliser production is an absolutely gigantic, multibillion dollar opportunity for companies like ITM. No need to go anywhere near mobility or things like domestic heating where more efficient alternatives exist. That said, I won’t complain if various governments decide otherwise and throw a lot of funding in ITMs direction. That will still be useful as they learn how to be a mass manufacturer operating on more than one continent.
Yep, had previously added more at 150 and then again at 190. Both times thought it could be a bit pricey but glad I did. The sky is the limit with this one though so unlikely to have regrets if you are able to take a 5 year view. As ever though do your own research. Still plenty of risks for the management to negotiate as they scale up.
They should be ok for EU projects. They have a German office and the Linde JV will help them get a seat at the table. I wouldn’t be surprised if they announce plans for a second factory in mainland Europe in the not too distant future as well.
Hydrogen trucks, semis or long haulers might be a more viable option considering how big the batteries are and, with the current technology, how long it takes to charge them. As opposed to quick hydrogen refill. Oversimplified example: If you are Amazon and have 1000 trucks to deliver across the country but each has to stop 1-2h for charging for every 600km vs 10min refill. You get the math.
I said this before, hydrogen and electric cars will be the new petrol and diesel.
Not at all convinced by Nikola. Could be wrong but have a feeling the whole operation is a house of cards built on sand. Either way their business model requires enormous amounts of capital to get going and there are lots of risks at every turn. The way they are doing their IPO also looks a bit suspect to me. Reverse takeover approach means they will be able to avoid a lot of scrutiny.
Closed my position with ITM, it has been a good run and my first 200%ish gain
Yep, that’s the common refrain. You may well be right but my sense of it is that by the time the hydrogen infrastructure to make that type of use case possible (not simple - a hydrogen fuelling station has huge safety requirements including a blast radius exclusion zone around it) batteries and charging times will have got so good that it is no longer worth bothering with hydrogen. Also the majority of trucking routes are well under 300 miles so I think we may come to find that we dont need batteries quite as huge as many think. Of course I may well be wrong about this! Just my own personal assessment. Hydrogen has almost limitless growth potential but I personally dont plan on investing in any company basing it’s business model on mobility.
Well played. I think this one still has a long way to go but you cant sniff at a 200% gain.
My personal risk appetite isn’t that high and ITM being listed on the AIM, the speculation got me chicken out.
Keeping it on my watch list 
Company With 291% Gain This Year Could Be Key to EU Green Goals
https://finance.yahoo.com/news/company-291-gain-could-key-072139903.html
“We’re valued on the market potential, valued on the fact that we’re a pure-play hydrogen company and that the market now realizes the need for electrolysis,” Cooley said.
“Energy companies around the world have realized you cannot get to net zero without renewable hydrogen made by electrolysis.”
Wanted to get in this a few months back, but had other priorities. Now it’s shot up I’m hesitant as it does seem to be a bit of a bubble at the minute. Don’t want to buy at the peak.
What are people’s views on the current price?
