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Fuel cell electric vehicle product review and market development

Insights
AutotechInsight Analysis Monthly

Adoption of FCEV technology is expected to remain low, compared to battery-powered alternatives, until costs related to the development of fuel cell and hydrogen refueling infrastructure are brought down

Fuel cell technology combines hydrogen and oxygen to create electricity that powers the electric motor of fuel cell electric vehicles (FCEVs). Unlike other electric vehicle (EV) alternatives, FCEVs’ range, and more importantly, refueling processes are comparable to ICE vehicles.

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