Hydrogen fuel cell vehicles (HFCVs) offer the promise of cleaner propulsion than a diesel or gasoline engine but without the compromise of long charging times associated with battery electric vehicles (EVs). Fitch Solutions expects the technology to develop into a zero-emission alternative alongside—not a replacement for—EVs, and that heavy commercial vehicles will lead the way. Fleets of trucks and buses that operate on set or known routes can manage with just a couple of hydrogen fuelling stations, which they can most likely fund themselves. But what about the light vehicle segment?
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On this front, warns Fitch Senior Autos Analyst Joshua Cobb, infrastructure will prove a real obstacle to greater uptake, but government incentives and hydrogen hubs could provide significant tailwinds.
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