Hydrogen mobility market 2020: State of the market
With more countries and companies looking to decarbonize, hydrogen as a new energy carrier has been gaining momentum. The mobility market, passenger vehicles and buses, is seen a critical near-term source of demand for hydrogen. Where does the hydrogen mobility market stand today? Where are hydrogen fuel-cell vehicles being sold? What is the current policy environment? This report answers these questions by benchmarking the current size of the global hydrogen mobility market and tracking announced projects and deployments.
- Wood Mackenzie estimates there are 17,016 hydrogen fuel-cell passenger vehicles on the road globally as of year-end 2019.
- Global hydrogen fuel-cell passenger vehicle sales rose to 7,574 units in 2019 – a 246% increase over 2018 sales.
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