Michael Lohscheller: German CEO of Nikola Corporation Demonstrates Faith in Hydrogen Technology

Michael Lohscheller, a native of Bocholt, Germany, is the CEO of the US-based Nikola Corporation, which produces hybrid trucks. In an interview with BBV, he expressed his belief that hydrogen technology holds great potential for the future of the automotive industry. He demonstrated this faith by showing off one of Nikola’s trucks in use at the Hamburg Harbor.

Hydrogen Technology: A Clean Energy Source

Hydrogen technology is a form of clean energy that uses hydrogen as a fuel source. Hydrogen is an abundant resource and when it is burned, the only byproduct is water. This makes it an attractive alternative to traditional fossil fuels, which produce carbon dioxide and other pollutants when burned. Hydrogen-powered vehicles are becoming increasingly popular because they are more efficient than gasoline-powered vehicles and produce no emissions. Additionally, hydrogen can be used to generate electricity, making it a versatile energy source with many potential applications in the future.
You might also like this article: AgTech startup investor from Singapore: GIC.
Picture source: Sharon Pittaway