Lowered Production Costs and Improved Infrastructure will be Key to Driving Success of Hydrogen Powered, Fuel Cell Electric Vehicles in Passenger Vehicles Market
Frost & Sullivan
JANUARY 1, 2024
The market is set to get more crowded with the projected entry of BMW’s X5, Toyota’s Crown Sedan, Hyundai’s Nexo 2024, Land Rover’s Defender FCEV, Honda’s CR-V, and Great Wall Motors’ Saloon SUV. Strategic partnerships among key ecosystem stakeholders will fast-track hydrogen development and boost FCEV uptake.
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