You are a strategic advisor for a multinational automotive company exploring the

potential of hydrogen technology in comparison to the more advanced electric vehicle technology. Both offer promising solutions for reducing carbon emissions and

combating climate change. However, while electric vehicle technology has gained

significant traction and market share, hydrogen technology presents unique challenges and opportunities. Discuss the implications of network effects on the adoption and diffusion of hydrogen technology in the context of the more established electric vehicle technology. How can network effects influence consumer preferences, infrastructure development, and market dynamics, considering the current seemingly dominance of electric vehicles? Provide strategic recommendations for the automotive company to navigate the complexities of these emerging technologies and leverage network effects to gain a competitive advantage. Use Blue Ocean strategy and other frameworks while answering this question.