Sales of Fuel Cell Vehicles Will Surpass Two Million Annually by 2030, Forecasts Navigant Research
Hydrogen fuel cell vehicles predicted to increase by two million annually by 2030.
The market for fuel cell vehicles (FCVs) has been limited, with fewer than 500 vehicles delivered in 2011 and in 2012, but according to a new report from Navigant Research, a research firm that focuses on in-depth analysis and reporting about global clean technology, after a period of slow growth from 2015 to 2017, annual FCV sales volumes will begin to increase and will surpass two million vehicles annually by 2030.
For now, the market is dependent on infrastructure deployment, as cars will not be introduced without readily available fueling. The report, “Fuel Cell Vehicles”, outlines in detail the state of policies and programs that will support FCV deployment and the commercialization plans of major industry players.
GreenFleetMagazine.com previously reported that Pike Research predicts the fuel cell vehicle market will reach $16.9 billion by 2020.
More Green Fleet
Merchants Fleet Reports 290M EV Miles as Fleets Navigate Changing Electrification Market
From millions in operating savings to hundreds of millions of EV miles, Merchants Fleet’s latest report reveals what’s working and what’s changing in fleet electrification.
Read More →
The EV Breakdown Nobody's Talking About: Why Most Electric Vehicle Roadside Calls Aren't Mechanical Failures
Here's why EV breakdowns are widely misunderstood.
Read More →
ChargePoint Now Available in Energy Pass
ChargePoint and additional planned charging network integrations were added to GM's Energy Pass.
Read More →
First Look: Slate Auto's Electric Fleet Pickup
Could an affordable, modular EV pickup make electrification more practical for fleets?
Read More →
Slate Debuts Colorful, Unique EV Models
A recent media and client event, studded with electric vehicles dressed up on platforms, planted a new position for the manufacturer in the wider EV market. Fleets will find cost-saving advantages.
Read More →
Slate Electric SUV, Pickup Switchable Model Aims For Light-Duty Fleets
Everything about this EV is counterintuitive and understated, making it stand out from the crowd.
Read More →
Inspiration Mobility Acquires Key Electrada Assets
Inspiration Mobility Group has acquired select assets of Electrada, adding the fleet electrification provider's team, technology, and charging infrastructure development capabilities to its energy management business.
Read More →
Turning Connected Vehicle Data Into Decisions That Matter
Fleet leaders have more data than ever, but turning that data into clear, actionable decisions remains a challenge. This white paper shows how leading organizations are using connected vehicle data to improve safety, reduce costs, and optimize fleet performance. Learn how to turn insight into action across your fleet.
Read More →
Are You Tracking Your Fleet's True Total Cost of Ownership?
Bobit Business Media surveyed 190 fleet professionals and found that while most fleets are tracking costs, fragmented systems and data gaps are keeping true TCO visibility out of reach. With rising pressure to control spend in an increasingly volatile environment, the gap between what fleets think they know and what the data actually shows is wider than you might expect. See how your peers are managing costs today and where the industry still has room to improve.
Read More →