Project Movement Seen in Hydrogen-Fueled Vehicle Sector

January 23, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--While most of the press regarding new forms of transportation involve plug-in electric vehicles (EVs), automobiles powered by other means, such as solar and hydrogen fuel cells, also are being developed.

Hydrogen-fueled vehicles appear to be gaining ground as an up-and-coming alternative to EVs. The technology offers advantages: refueling requires much less time than recharging an EV, and hydrogen-fueled vehicles have a longer driving range than many EVs.

Industrial Info is tracking more than US$1 billion worth of projects involving the manufacture of vehicles using hydrogen fuel cells throughout the world.