{
}
Michael Raynor discusses the complexities of strategy in uncertain environments, particularly in the context of a flawed Canadian study recommending hydrogen buses alongside battery-electric ones. He highlights significant discrepancies in cost projections and the longevity of fuel cells versus batteries, suggesting that the assumptions made in the study could lead to a $100 million miscalculation favoring battery electric buses. Raynor emphasizes the importance of realistic data and the need for better scenario modeling in transit planning.
New Flyer faces scrutiny for its hydrogen bus strategy, which may jeopardize its market share due to inferior battery-electric offerings. The Canadian Urban Transit Research and Innovation Consortium (CUTRIC) is criticized for conflicts of interest, particularly with fossil fuel companies on its board, raising concerns about its commitment to decarbonization. The Zero Emissions Transit Fund"s definition of zero emissions is also questioned, as it may favor gray hydrogen over more sustainable options.
New Flyer, North America's leading transit bus manufacturer, faces strategic challenges as it supports hydrogen buses, which have proven less reliable and more costly than battery-electric alternatives. Despite potential short-term gains from subsidies, this approach risks alienating customers who may turn to more efficient options, ultimately jeopardizing New Flyer’s market position.
Michael Raynor
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
flawed transit study raises concerns over hydrogen bus implementation in brampton
18:06 23.11.2024
conflicts of interest undermine credibility of canadian transit think tank cutric
01:10 20.11.2024
new flyer faces market challenges with flawed hydrogen bus strategy
16:45 28.10.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Stock Market Updates
Supply Chain Management
Government Economic Policies
Industry Mergers & Acquisitions
Fintech Startups
Private Equity Deals
CEO Changes
Venture Capital Investments
AI Applications
Corporate Social Responsibility
AI Innovations
Funding Rounds & Investments
Economic Indicators
Market Analysis and Predictions
Emerging Startups
Countries:
Companies:
Apple Inc.
Grab2Go AS
Google Inc.
OLA ELECTRIC MOBILITY LTD
NVIDIA Corp
Amazon.com, Inc.
Microsoft Corporation
EFG Hermes Egypt
Broadcom Inc.
XIAOMI-W
Tesla, Inc.
LG CNS
Delhivery Limited
Ecom Express Ltd.
Scripbox.COM India Ltd.
SK hynix Inc.
Tesmec S.p.A.
OpenAI ERC USD
FTSE NASDAQ Dubai UAE 20 Index
The Goldman Sachs Group, Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
United Arab Emirates Dirham
South Korean Won
Pakistani Rupee
Egyptian Pound
Brazilian Real
Qatari Riyal
Saudi Riyal
Indonesian Rupiah
Vietnamese Đồng
Hong Kong Dollar
Offshore Chinese Yuan
Canadian Dollar
Malaysian Ringgit
People: