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Fuel Cell Trucks Market Gains Momentum as Auto Industry Embraces a Hydrogen Economy Transition

Frost & Sullivan

The global fuel cell trucks market is estimated to register 142,858 unit sales by 2030 , with China accounting for 63.9% Regional governments and energy departments are encouraging fuel cell truck adoption through incentives, tax credits and funding. of total global sales. They also are availing demonstration project scenarios.

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Continued Policy Support will be Critical as Electric Vehicle Sales Reach New Milestone in the US

Frost & Sullivan

This has taken the form of a raft of tax credits, subsidies and incentives aimed at encouraging EV adoption. The tax credit for business owners is marginally higher with a maximum credit of up to $40,000. Moreover, the government offers a tax credit of 30% or up to a maximum of $1,000 towards installing a home EV charger.

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Falling Production Costs, Government Support, and Diversified Applications will Spur the Advance of Hydrogen-based, Fuel Cell Electric Vehicles

Frost & Sullivan

Surging investments target 200,000 fuel cell electric vehicle (FCEV) units by 2030. Infrastructure investments in hydrogen refueling stations, proactive government support in the form of subsidies, incentives, tax credits, and progressive regulatory policy are fast-tracking the development of the nascent hydrogen ecosystem.

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Key Themes, Presentations, and Learnings from “MetaTech – EV Charging Infrastructure Virtual Conference”

Frost & Sullivan

The EV Charging Infrastructure Virtual Conference was organized by MetaTech, which was a virtual conference comprising participants from EVSE space, energy companies, academicians, and consulting companies. Activities in debt raise, equity raise, M&A, and securing energy for a portfolio of chargers are on the rise.

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The Competition Heats Up as VinFast Intensifies Push into US Electric Vehicle Market

Frost & Sullivan

In a bid to transition to a clean energy economy, we have seen a slew of policy measures being introduced in recent years, including the Clean Energy for America Act, the Build Back Better Act, and the US infrastructure plan. The focus is also on start-ups like Lucid, Rivian, Proterra, and Canoo.

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Carbon Markets: Tech and Nature-Based Solutions Will be Critical to the Climate Transition

Frost & Sullivan

The 6P Framework for the Future of the Sustainability and Circular Economy – More with Less Policies: The Beginning of Carbon Markets In 2015, the United Nations’ Sustainable Development Goals (SDGs) brought the international community together and laid out a series of objectives to be achieved by 2030.

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Investment Trends in Decarbonization

Frost & Sullivan

C requires a reduction of CO2 emissions by 45% from 2010 levels by 2030. [3] Countries worldwide are investing in renewable energy to reduce their dependence on fossil fuels and mitigate climate change. The mega-plant will integrate up to 4GW of solar and wind energy to produce up to 1.2 million tonnes per year by 2045.

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