Running a Shop News Technology Sales+Marketing Research+Reports

Annual Sales of Fuel Cell Vehicles Expected to Surpass 2 Million by 2030

Order Reprints

 June 3, 2013—Annual sales of fuel cell vehicles (FCVs) is expected to surpass two million by 2030, according to a new report from research firm Navigant Research.

In 2011 and 2012, annual deliveries of FCVs were still well under 500 vehicles.

“Fuel cell vehicles have demonstrated the performance characteristics needed for commercial sales, and manufacturers will continue to improve and optimize the technology,” says Lisa Jerram, senior research analyst for Navigant Research. “Fundamentally, FCV technology can provide sufficient range—well over 200 miles on a single tank—and can be integrated into larger vehicle models more effectively than plug-in electric vehicle technology.”

The report also outlines the biggest challenges leading up to commercialization, including bring down system and manufacturing costs to reach sufficient volume.

Related Articles

Alternative Powered Vehicles Expected to Account for 45 Percent of Sales Market By 2035

AV Sales to Reach 10 Million Annually in 2030

Driverless Car Sales Expected to Make Up 9 Percent of Market by 2035

You must login or register in order to post a comment.