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Hopium, the powerful hydrogen car with 1,000 km of autonomy that could disappear due to lack of money

The new brands or startups in the automotive section are going through a bad time, especially those that are committed to innovative and high-tech projects such as the Hopium Machinewhich could disappear long before its time.

It is a powerful hydrogen car, with an enviable autonomy of 1,000 kilometers or power of 368 kW (500 CV) capable of accelerating from 0 to 100 km/h in 5 seconds.

READ ALSO: Electrified cars continue to be more accepted in rich countries: why?

And it is that total electrification and new technologies are an ideal setting for innovation, but it is forgotten that there is an important factor behind it: money. And it is that two other projects, the Sono Sion (Sono Motors) and the Lightyear 0 (Lightyear), have already disappeared in recent days.

The sector has become very competitive and requires a large amount of money. As reported by the Hybrid and Electric page, in the first half of 2022 more than 9.5 million euros have already been lost and its shares are currently trading at a price below 80% of their initial value.

This is how the vehicle that surprised at the Paris Motor Show could disappear long before it hit the market. And it is that it was proposed that the vehicle be ready by 2025. For now, the company is negotiating the investment of other countries in the project.

Source: Elcomercio

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