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The Dispatch, that fuel cell technologies have advanced to the point that carbon-free emissions vehicles of all sizes are truly right around the corner. He says Ohio is in a great position to play an outsized manufacturing role in this industry.
Question: Are fuel cells a viable industry right now?
Matter: Yes. Where mobile fuel cells have really taken off is in forklifts. Plug Power, for instance, is the industry leader right now, and they’re expanding in Ohio, which is big in distribution centers where these forklifts are used. Plug Power just raised something like $1 billion with new stock offerings to invest in hydrogen infrastructure for forklifts. They have something like over 30,000 to 40,000 forklifts and 140 sites for the filling stations, and they’re expected to add another 50 this year.