Trillium CNG expands offerings to include hydrogen fueling
Lexus prices new three-row RX 450hL hybrid starting at $50,620

Information Trends: ~6,500 hydrogen fuel cell vehicles have been sold globally; more than 50% in California

By year-end 2017, a total of 6,475 hydrogen fuel cell vehicles have been sold globally since 2013 when the vehicles first became available commercially, according to a report by market research firm Information Trends: “Global Market for Hydrogen Fuel Cell Vehicles, 2018.”

More than 50% of these vehicles were sold in California making the state a model of success in the deployment of the technology. Of the remaining countries, the bulk went to Japan which is at the forefront of hydrogen station deployments.

Among automakers, Toyota has been the most successful, accounting for more than 75% of the sales. Moreover, hydrogen fuel cell vehicle sales in 2017 were more than double the total sales in the previous years.

Hydrogen infrastructure is coming along steadily, albeit slowly, said Naqi Jaffery, the lead author of the report. In northeast US, hydrogen station buildout is gathering momentum, giving automakers a second market in the US.

According to Jaffery, a respectable hydrogen fueling ecosystem will not be ready until 2020. The slow buildout of the hydrogen stations has given an opening to battery electric vehicles whose sales are rapidly gaining ground.

Jaffery, who is bullish on the future of hydrogen fuel cell vehicles, said battery electric vehicles will be short-term beneficiaries of the movement towards zero-emission vehicles. However, as the hydrogen infrastructure evolves, fuel cell vehicles will pick up traction.

By 2021, at least 11 automakers will have rolled out hydrogen fuel cell vehicles, including Toyota, Lexus, Hyundai, Kia, Honda, Mercedes-Benz and BMW. Other entrants in this space include Tata Motors, Pininfarina S.p.A. (owned by Mahindra & Mahindra) Riversimple and the RONN Motor Group.

Comments

HarveyD

Sales of FCEVs and H2 station installations are accelerating in Japan and California. They have multiplied by 2X in 2017. With 11+ manufacturers producing FCEVs, sales could double again in 2018/2019 to reach close to 500,000 in 2020/2022 with up to 20 manufacturers involved?

Installation of many more improved low cost H2 production/distribution stations will be an important growth determining factor.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)