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Wow! That's a bomb! Should be very popular as a car bomb in areas

Nope, not dangerous, as I said. It could not go into commercial production if it was. It uses a carbon fiber fuel tank.

Gasoline, on the other hand does cause fires. Pretty bad ones.
All four major manufacturers who are developing CAT cars have designed safety features into their containers as opposed to hydrogen's issues of damage and danger involved in high-impact crashes. Air, on its own, is also non-flammable. It was reported on Discovery's Beyond Tomorrow that on its own carbon-fiber is brittle and splits; but creates no shrapnel.
As with most technologies, compressed air has safety concerns, mainly the catastrophic rupture of the tank. Rigid safety codes make this a rare occurrence at the cost of weight: codes may require the working pressure to less than 40% of the rupture pressure for steel bottles and less than 20% for fiber-wound bottles. High pressure bottles are fairly strong so that they stay unruptured in crashes and follows the ISO 11439 standard.
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