UK Company Earmarks $95 Million to Establish Hydrogen Fuel Gigafactory

July 22, 2022 11:27:34

Battery electric vehicles (BEVs) are expected to be the next stage of vehicular travel as several territories across the world ditch fossil-fuel vehicles as part of their green-energy strategies. Since they are powered by rechargeable batteries rather than a combustion engine, EVs produce minimal emissions at the tailpipe. Automakers have gone all-in on electric vehicles, beginning to roll out a variety of EV models and pledging to invest billions of dollars in EVs over the next decade.

One United Kingdom company, however, is throwing its hat into an alternative energy segment that has seen little investment. London-based Johnson Matthey (JM) has announced…

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