Global Sales of Fuel Cell Cars and Buses Are Expected to Total More Than 580,000 from 2015 to 2024
Developing hydrogen fueling infrastructure is key to increasing volume of fuel cell vehicle rollouts
A recent report from Navigant Research analyzes the market for fuel cell passenger cars and buses, including its drivers and barriers, with global sales forecasts, through 2024.
Today’s fuel cell vehicles (FCVs) can be refilled in three to five minutes and can reach ranges of 300 miles or more between refills. Fuel cell stack efficiencies have also incrementally increased over time, and several automakers are developing vehicles that will be able to achieve ranges of more than 400 miles between refills. Click to tweet: According to a recent report from @NavigantRSRCH, global sales of fuel cell cars and buses are expected to total more than 580,000 from 2015 to 2024.
“Manufacturers are pursuing fuel cells to meet the needs of larger, longer-range vehicles,” says Lisa Jerram, principal research analyst with Navigant Research. “Overall, the driver for FCV activity continues to be the sentiment that a diverse drivetrain mix will be needed if the transportation sector is to shift away from petroleum dependence.”
As FCV sales increase in coming years, there will be a need for more vehicle charging stations across a larger geography, according to the report. The most commercially viable locations remain in dense city centers, where as many owners as possible may access them without significant inconvenience.