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Fuel cell EV sales and attempts to spur growth in the market

Analysis
SupplierInsight Analysis Monthly

FCEVs are forecast to remain a niche product in the long-term unless a significant breakthrough is achieved in current technology

A hydrogen fuel cell can be likened to a battery that uses an electrochemical reaction to convert the chemical energy of hydrogen (fuel) and oxygen (oxidizing agent) to generate electricity. However, unlike conventional automotive batteries that store energy and must be recharged, and eventually discarded when depleted, fuel cells can continue to produce electricity indefinitely if hydrogen and oxygen are available.

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