Fuel Cell Electric Vehicle Market in APAC to Cross $2Bn by 2024: Ford, General Motors, Honda, Mercedes-Benz, Mitsubhishi, Toyota and 7 Other Companies Profiled
Fuel cell electric vehicle market for Passenger cars sector will observe significant gains of more than 42% from 2017 to 2024. This can be credited to rising automotive production across the world coupled with increasing government initiatives. For instance, the U.S. government aims to construct hydrogen refueling stations across the nation through H2USA public private partnership and auto manufacturers support. Moreover, California plans to invest USD 20 million every year until 100 stations are constructed for commercial use.
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