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Automotive Fuel Cell Market worth 596,255 units by 2028 - Exclusive Report by MarketsandMarkets™

279 – Pages
Growing concerns over increased pollution by the automotive industry is the prime reason government bodies are promoting zero emission vehicles over Petrol or Diesel ones. People have recognized the need for promoting zero emission vehicles to reduce the increasing pollution. To attract and encourage people to buy FCEV s, government bodies of different countries are introducing lucrative schemes and incentives that include formidable discounts, lower vehicle acquisition taxes, lower road taxes for zero emission vehicles, etc.
Asia Oceania is expected to be the largest market in the forecast
In this report, the countries considered in the Asia Oceania region are China, Japan, South Korea, India, Thailand, and Indonesia. The region is home to some of the fastest-developing economies of the world, such as China and India. The governments of these emerging economies have recognized the growth potential of the global Automotive Fuel Cell Market and, hence, hav ....

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Toyota Develops Packaged Fuel Cell System Module to Promote the Hydrogen Utilization toward the Achievement of Carbon Neutrality | Corporate | Global Newsroom

Toyota City, Japan, February 26, 2021―Toyota Motor Corporation (Toyota) has developed a product that packages a fuel cell (FC) system into a compact module and plans to begin selling it in the spring of 2021 or later. The new module will be easily utilized by companies that are developing and manufacturing FC products for wide variety of applications, including mobility such as trucks, buses, trains and ships, as well as stationary generators (referred to hereafter as FC product companies ).
As various policies for utilizing hydrogen have been adopted in recent years in each country and region and many companies have been entering the market one after another. As a result, the need for hydrogen and FC technologies has been increasing in a variety of applications. ....

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RITES Limited acquires 13% stake in Elicius Energy Pvt Ltd

RITES Limited acquires 13% stake in Elicius Energy Pvt Ltd
Posted On:
2020-12-31 00:19:11
(Time Zone: Arizona, USA)
The Board of Directors of RITES Limited at their Meeting held on 30 December, 2020, has approved the contribution of Rs. 15730/- towards acquiring the 13% stake i.e. 1573 equity shares of Rs. 10 each of M/s Elicius Energy Pvt. Limited (a startup) and signing of the agreement with it.
RITES is supporting the startup in development of tubular PEM Hydrogen Fuel Cell Stack of 500-1000 watt capacity and in order to guide the above developmental project.
Elicius Energy Pvt. Ltd. (a startup, incubated by IITM Incubation Centre, Chennai) is located at IT Madras Research Park No. 1 F A, First Floor, Kanagam Road, Taramani, Chennai - 600113. ....

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