A San Francisco startup, Verne, has raised $15.5 million to develop a lighter tank and fueling system for semis, aiming to enable heavy-duty hydrogen vehicles to match the range and hauling capacity of diesel trucks. The company's patented hydrogen tank and lower pressure fueling system aim to allow trucks to travel as far as diesel models without added weight. CEO Ted McKlveen stated that the goal is to achieve diesel parity performance. Verne's approach involves storing hydrogen at a lower pressure, reducing the need for expensive carbon fiber and enabling cheaper and more efficient tank production. This progress aligns with broader efforts to reduce carbon emissions from commercial trucks, but electric trucks remain costlier and have limitations compared to conventional ones.
Key Takeaways
- Verne, a San Francisco startup, raised $15.5 million to commercialize its cheaper, lighter tank and fueling system for hydrogen vehicles.
- Their patented hydrogen tank and lower pressure fueling system could allow trucks to match the range and hauling ability of diesel rigs.
- Verne's approach uses aluminum, steel, and less carbon fiber to store hydrogen at 350 PSI, reducing storage costs and requiring only two tanks instead of six.
- The company aims to supply tanks for testing by truck fleet operators in 2025 and eventually become a tier-one supplier for heavy-duty applications.
- This development comes as truckmakers are rolling out battery- and hydrogen-powered heavy-duty models to reduce emissions, aiming to curb carbon emissions from commercial trucks and buses starting in 2027.
Analysis
Verne's innovative approach to developing a lighter tank and fueling system for hydrogen vehicles is poised to revolutionize the transport industry. The company's goal to achieve diesel parity performance aligns with global efforts to reduce carbon emissions from commercial trucks. This development may impact traditional truck manufacturers and fuel providers, while also influencing the adoption of hydrogen-powered vehicles. In the short term, Verne's progress could lead to increased investment and partnerships in the hydrogen fuel sector. Long-term consequences may include a significant shift away from diesel-powered vehicles, impacting oil companies and traditional auto manufacturers.
Did You Know?
- Verne's approach uses aluminum, steel, and less carbon fiber to store hydrogen at 350 PSI, reducing storage costs and requiring only two tanks instead of six.