Trade Resources Industry Views Hydrogen Powered Vehicles Are Expected to Reach Half Million Units in The UK by 2030

Hydrogen Powered Vehicles Are Expected to Reach Half Million Units in The UK by 2030

Hydrogen powered vehicles are expected to reach half million units in the UK by 2030, according to a Government-industry study by the UKH2Mobility project.

The report calculates the benefits of hydrogen fuel cell electric vehicles (FCEV) in order to provide a course of action that needs to be followed for successful launch of FCEVs and hydrogen refueling infrastructure in the country.

UK Business Minister Michael Fallon said that the transition to ultra-low emission vehicles has the potential to create really significant new economic opportunities for the UK, to diversify national energy supply and to de-carbonize road transport.

"Successful commercialization of the technology will require Government to work in true partnership with industry.

"Opportunities for the UK to take a leading role in low carbon technologies will be looked at as part of our auto industrial strategy, published later this year," Fallon added.

To increase the sales of the FCEV the findings of the study include expansion of the newness of the technology and environmental considerations to the customers, decrease in the costs and establishment of network of hydrogen refueling stations.

Options including replacement of the diesel vehicles with FCEVs, increasing the fuel production with low CO2 emissions, with investments to support the vehicles and infrastructure are considered as pre-requisites according to the study.

Source: http://www.automotive-business-review.com/news/hydrogen-powered-vehicles-to-reach-half-million-units-in-uk-by-2030-study-0502013
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Hydrogen Powered Vehicles to Reach Half Million Units in UK by 2030: Study
Topics: Auto Parts