Having heard from an expert in the car industry I do not find this news surprising. He said that his technology is not particularly new but will never make it into mass production while the oil industry is so powerful and there is so much oil left. Investment and the required partners to bring this into mass production are near impossible at present.

He even mentioned some of the issues regarding starting a water powered car! However the issues regarding the technology do not seem insurmountable once proper support is given.