Research by IDTech predicts that by 2044, hydrogen fuel cell cars will represent only about 4% of the total zero-emission passenger vehicles market. While the research predicts that hydrogen fuel cell cars would be a “very small portion” of the car market, IDTech also forecasted that about one fifth of zero-emission trucks would run on hydrogen.
Greater upfront costs for FCEVs over both combustion engine vehicles and BEVs, and increasing running costs makes an fuel-cell car a hard sell for consumers. IDTech cited lack of hydrogen refueling as a significant factor holding back FCEV
Source: Hydrogen Fuel News: Read The Article
PSR Analysis: One of the questions that surrounds the whole hydrogen fuel subject (FCEVs or H2 ICEs) is what happens after the government subsidies disappear? How much of hydrogen’s current growth has been bolstered by hefty government and OEM incentives, where the upfront cost of the car is heavily subsidized and, in some cases, the cost of fuel was covered for a period of time? PSR
Guy Youngs, is Forecast & Adoption Lead at Power Systems Research
