A new hydrogen fuel cell truck made by Hyundai is pictured ahead of a media presentation for the zero-emission transport of goods at the Verkehrshaus Luzern in Luzern, Switzerland October 7, 2020.
Shares in $30 billion U.S. fuel-cell specialist Plug Power are up 20-fold since the start of 2020, and are nearly 70 times this year’s expected sales. U.S. rival Bloom Energy and Canada’s Ballard Power Systems, UK group Ceres Power and Norway’s Nel are all up fourfold or more. Britain’s ITM Power, now worth 3.6 billion pounds, trades at over 100 times next year’s revenue.
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