Technology and market overview of hydrogen fuel-cell electric vehicles

Technology and market overview of hydrogen fuel-cell electric vehicles

Publication Date: 08-Feb-2023

In this report, we delve into the technologies, innovations, and developments presently surrounding hydrogen fuel cells.
The driving range added by a single top-up of the hydrogen tank and the amount of time it takes to do so are very comparable to conventional internal combustion vehicles. The technology has other powerful unique value propositions as well—such as the fact that hydrogen is the most abundant element, thus making it certain that it will never run out. Also, if generated using sustainable and renewable methods, the only real byproducts are water and heat.

Using hydrogen as fuel has immense promise and many advantages. Hydrogen is the most abundant element in the universe, which means we will never run out of it. Hydrogen fuel is also extremely clean burning, it releases only water as a by-product and no harmful emissions whatsoever. The amount of time it takes to refill the tank of a hydrogen FCEV is roughly the same that it takes to top up the gasoline or diesel tank of a conventional ICE vehicle, which is much quicker than the recharging times for BEVs.

However, with the world waking up to the realities of climate change, and governments and other entities pushing for alternative propulsion methods, it is battery power—instead of hydrogen—that has really taken off in terms of adoption. Although battery technology is coming into its own, it is not without its shortcomings—particularly regarding the materials that go into the making and use of batteries. Sustainably obtained hydrogen, on the other hand, has a very real potential to end the energy crisis once and for all.

1. Overview
a) Report summary
b) Research methodology

2. Technology analysis
a) Overview
b) Hydrogen: Source-based classification
c) Fuel-cell vehicle system overview
d) FCEV components
e) Fuel-cell stack trends

3. Market analysis
a) Light FCEV demand
b) Hydrogen-based medium and heavy commercial vehicles (MHCV) demand
c) Light vehicle engine production by propulsion type
d) Hydrogen infrastructure
e) Government regulations and initiatives

4. Supplier analysis
a) Bosch
b) EKPO Fuel Cell Technologies
c) Plug Power
d) PowerCell
e) Hyundai Mobis
f) Schaeffler
g) Key suppliers' market share

5. OEM analysis
a) Toyota
b) Hyundai
c) Stellantis
d) BMW
e) Renault
f) Daimler Truck
g) Dongfeng Trucks
h) Nikola
i) Weichai

6. Conclusion

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