here is what the press is sayinghttps://asiatimes.com/2021/03/hydrogen-fuels-a-revolution-in-chinese-trucking/
Ina March 2021 report entitled “China’s gateway to a hydrogen future,” J.P.Morgan research analysts Han Fu and Stephen Tsui write, “Green hydrogen,a clean form of energy, clearly holds potential to play a critical role inChina’s 2060 carbon neutrality ambitions.
“Fuel CellEVs appear to be emerging as an early use case. This is an opportunity for theChina hydrogen ecosystem to develop approaches to overcome technical andeconomic challenges, necessary for more widespread future applications.Hydrogen plays have been in market focus, and valuations are lofty.”
“Theglobal automotive fuel cell market size was USD1.07 billion in 2020…this marketexhibited a stellar growth of 44% in 2020,” according to a Fortune Business Insights study, and “is projected to grow from USD $1.73 billion in 2021 to UD $34.63 billion in 2028 at a stellar compound adjusted growth rate of 53.5% in the 2021-2028 period.”
TheFortune report adds that fuel cell electric vehicles are “the leadingalternatives to the widely used internal combustion engine automobiles.” Thelion’s share of the growth, Fortune adds, will be in the Asia-Pacific region.
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