Hydrogen Subsidies

BEVs over Hydrogen: South Korea considers reallocating subsidies

BEVs over Hydrogen: South Korea considers reallocating subsidies

South Korea’s subsidy budget for battery-electric cars – which this year totals 1.7454 trillion Won (approximately €1 billion euros) – is at risk of being exhausted prematurely. This is partly due to rising fuel prices caused by the conflict in Iran. Significantly more South Koreans are now purchasing BEVs compared to previous years, when the budget was sufficient. The Ministry of Trade,...

Short Sellers Beat a Hasty Retreat as Brussels Opens the Subsidy Spigot

Short Sellers Beat a Hasty Retreat as Brussels Opens the Subsidy Spigot

The market has handed ITM Power a peculiar contradiction. On one hand, short sellers have abandoned the stock in droves, while on the other, the share price has dropped by almost 42% from its late-May peak. The disconnect is rooted in a critical regulatory breakthrough in Germany that could transform the economics of the company's pipeline — but investors are demanding proof...

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