Funding must continue for the development of FCEV ecosystem

The growth of fuel-cell electric vehicles (FCEVs) in the light-vehicle segment has been gaining momentum in recent years, driven by increasing concerns about energy sustainability. However, FCEVs remain a niche segment, and their widespread adoption hinges on the development of robust refueling infrastructure and the availability of funding to support it.

While many initiatives aim to boost FCEV adoption, most focus on commercial and heavy-duty vehicles, where FCEVs are better suited for long hauls compared to battery-electric vehicles (BEVs). In the light-vehicle segment, ‎the lack of hydrogen fueling stations is a significant barrier to widespread adoption. Building a comprehensive network of stations requires substantial investment. Moreover, FCEVs are currently more expensive than BEVs, mainly due to the high cost of fuel cells.