Frost & Sullivan

SEPTEMBER 1, 2021

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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Frost & Sullivan

JUNE 3, 2024

Surging investments target 200,000 fuel cell electric vehicle (FCEV) units by 2030. The rapid advance of hydrogen-based, fuel cell electric vehicles (FCEVs) has been the result of government support, R&D investments, stronger supply chains, and the active participation of both private and public sector. of global sales by 2030.

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Frost & Sullivan

AUGUST 10, 2023

Now, however, a clutch of factors such as improved production capacity, expanding charging infrastructure, falling prices, and enabling government policy are accelerating the transition from conventional fuel powered cars to EVs. Policy Impetus is Key Government support has been a major growth driver for EV markets, worldwide.

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Frost & Sullivan

SEPTEMBER 14, 2022

The US government responded to the crisis with a series of initiatives, the key being the bipartisan CHIPS (Creating Helpful Incentives to Produce Semiconductors) for America Act. The CHIPS Act is set to support the US semiconductor industry with $280 billion in government assistance and public subsidies. million vehicles in 2021.

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Frost & Sullivan

AUGUST 10, 2023

Not only are governments enforcing these targets through legally binding systems, but consumers are becoming increasingly aware of the environmental impact of their actions, pressing companies to incorporate sustainable practices to maximize profit and sales.

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Frost & Sullivan

MARCH 13, 2025

Transforming the Future of Carbon Credits Political instability, technological advancements, and the need for sustainable solutions are transforming the global carbon credits market. Growth Opportunities: Carbon Credit Market Diversification: Exploring new markets for carbon credits in stable regions. trillion by 2030.

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Frost & Sullivan

AUGUST 4, 2024

Conversely, a Democratic president would likely continue to support EV production and adoption, enforce stricter fuel economy standards, invest in charging networks, and offer tax credits and incentives to make EVs more affordable. being EVs by 2030. Such policies aim to achieve the target of 50% of all new car sales in the U.S.

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