IDTechEx: market value of on-road fuel-cell vehicles to grow to $160B in 2042; 23.9% CAGR over 20 years

Green Car Congress
By mmillikinOct 12, 2021, 3:01 am366 pts
IDTechEx’s analysis in their new report, “Fuel Cell Electric Vehicles 2022-2042”, forecasts the market value of on-road fuel cell vehicles will grow to $160 billion in 2042 at a CAGR of 23.9% over the 20-year forecast period. The effort to decarbonize on-road vehicles is undoubtedly being led by BEVs;…

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