I don’t know if hydrogen will replace gasoline but, I guess, Honda must think so. According to a report from the Detroit News, Honda will be releasing its second generation FCX Concept car as a 2008 model. It is said to have a range of 270 miles and a top speed of about 100mph.
However, I don’t know of too many gas stations selling hydrogen, at least not around here. So, that 270 miles better include a place to fill up. And if you thought it was dangerous to rear end a Chevy Corvair, think about what will happen to compressed hydrogen when it is violently released in a collision.
Oh, and the price? Well the article says it costs Honda $1.5 million USD per car. However, it is leasing the current model at the low, low fire sale price of $500 per month (It is expected that the 2008 will be priced higher. In comparison, you could lease a BMW Z4 for less.).
That said, we do need to transition to something else. Whether that something else is hydrogen, at least in the near term, is not clear.