The automotive industry is going green, and it appears over the next few decades the tried and true internal combustion engine will become a thing of the past.
Right now, electric vehicles are the primary replacement. But there are other options. Hyundai Motor Group (OTC:HYMTF) this week said it plans to offer hydrogen fuel cell versions of all of its commercial vehicles as soon as 2028, and predicted fuel cell vehicles could hit cost parity with battery electric vehicles by the end of the decade.
Hyundai’s claim was met with a good bit of skepticism, and to be sure fuel cells have a long way to go if they are to reach the company’s ambitious 2030 goal. But if it is right, there are a lot of companies that would benefit. Here’s why three Fool.com contributors will be paying close attention to General Motors (NYSE:GM),