Competition heating up for hydrogen vehicles
Posted : 2021-01-28 17:50
By Kim Bo-eun
The market for hydrogen-powered vehicles is gaining momentum amid global interest in the fuel as a means of meeting carbon targets.
Major economies have announced plans to achieve carbon neutrality by 2050 and have unveiled national roadmaps for building a hydrogen economy. These efforts are placing an increased focus on eco-friendly vehicles such as electric vehicles (EVs) and hydrogen fuel cell electric vehicles (FCEVs).
The market for FCEVs remains a niche segment of the global car market but is seeing growth. According to energy market tracker SNE Research, 2,594 hydrogen-powered vehicles were sold worldwide in the third quarter of 2020, up 27.3 percent from the same quarter of 2019.
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1st Gear: Shit Is Getting Real With New Strain Of Coronavirus
France was quick to close its somewhat wet border with the UK and halt travel amid a new strain of coronavirus in Britain. This is bad for us, as humans, and it’s bad for cars, as an industry. Toyota has closed shop in both the UK and France a few days early, before Christmas and New Year’s, because of what Bloomberg titles “virus border chaos.” Via B’berg:
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