BOSTON, Aug. 3, 2020 /PRNewswire/ -- Fuel cell electric
vehicles (FCEVs) and battery electric vehicles (BEVs) are
considered by the most, as two competing technologies. Although
both technologies power an electric motor, they have different
properties and each of them is well suited for some uses more than
others.
BEVs market is increasing, with the major automotive companies,
like BMW, and Mercedes, starting to introduce into the market an
increasing number of electric battery vehicles, in parallel to the
main BEVs company like Tesla, and Toyota. FCEVs on the other hand
are still at the demonstration stage.
In April 2019 Daimler stepped back
from the development of the GLC F-Cell, after many years of
investigation of fuel cells technologies. Besides this decision,
Daimler did not completely abandon the hydrogen powertrain, but
mostly shifted its focus to a different application. In fact, a
collaboration with Volvo to develop fuel cell heavy-duty vehicles
will possibly begin in September
2020, which will define a new chapter for the hydrogen
technologies.
Although the FCEVs have not reached large scale production, the
long-term plan adopted by several countries is to implement the
adoption of FCEVs among other applications. The idea is to develop
a hydrogen network, which aims the adoption of hydrogen as an
energy carrier in different sectors. In other words, the
development of the so-called hydrogen economy.
As analyzed in the new IDTechEx report, "The Hydrogen Economy,
Fuel Cells and Hydrogen Production Methods", many countries are
already involved in the development of a hydrogen economy. The
necessity of the hydrogen economy is driven by the requirement of
reducing pollutant emissions while achieving a higher energy
independence. Within the different sectors addressed by hydrogen
economies, the automotive sector is one of the first to be
developed. Countries like Germany
and Japan have already installed a
considerable number of hydrogen refueling stations (HRS), besides
promoting the adoption of hydrogen technologies.
The main reason behind this choice is to reduce the cost of
hydrogen. A large-scale adoption of FCEVs, and hydrogen, would
facilitate the adoption of hydrogen and related applications.
As explained in the hydrogen economy report released by
IDTechEx, many countries are involved in this process and is likely
that others will join to boost the adoption of green resources and
fulfilling the Paris Agreement adopted by several nations.
For more information on this report, please visit
www.IDTechEx.com/Hydrogen or for the full portfolio of
research available from IDTechEx please visit
www.IDTechEx.com/Research.
IDTechEx guides your strategic business decisions through its
Research, Consultancy and Event products, helping you profit from
emerging technologies. For more information on IDTechEx Research
and Consultancy, contact research@IDTechEx.com or visit
www.IDTechEx.com.
Media Contact:
Natalie Moreton
Digital Marketing Manager
press@IDTechEx.com
+44(0)1223 812300
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SOURCE IDTechEx