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By A.J. Roan
Metal Tech News 

IDTechEx speculates fuel cell EV future

Forecasts specific heavy use will grow to $160 billion in 2042 Metal Tech News – October 13, 2021

 

Last updated 7/12/2022 at 1:15pm

IDTechEx hydrogen fuel cell battery electric vehicles BEV FCEV decarbonization

Daimler AG

Volvo Group and Daimler Trucks have created a joint venture to develop and build commercial hydrogen fuel cell systems for heavy-duty trucks.

Market and business research firm, IDTechEx, predicts that while battery electric vehicles (BEV) are paving the way for decarbonizing road transport, the hydrogen fuel cell will claim a leading role, an estimated US$160 billion role.

In the latest report by UK-based tech speculator, "Fuel Cell Electric Vehicles 2022-2042," IDTechEx forecasts the market value of on-road fuel cell vehicles will g...



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