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For manufacturers, suppliers, and suppliers of raw materials, the class 8 truck market in North America represents a significant potential. For more than a century, North America has dominated the global economy. Due to the close ties between the US, Canada, and Mexico markets, it has maintained its dominance.
The existence of skilled personnel, several game-changing inventions, and a robust internal market have all benefited this market. Mega economies are supported by the efficient movement of freight. More than 66% of trade in North America—between the US, Canada, and Mexico—takes place through trucks.
The Fuel cell class 8 truck market in North America accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
In the US, Hyundai XCIENT launched Class 8 hydrogen fuel cell trucks. In order to demonstrate its commercial viability, XCIENT Fuel Cell made its premiere in Switzerland and has already travelled more than one million kilometres.
Hyundai Motor and its fleet partner intend to start using these vehicles for long-distance freight runs between southern California warehouses. Additionally, Hyundai will collaborate with First Element Fuel (FEF), the industry leader in hydrogen refuelling stations in California, to use three hydrogen refuelling stations in the area to refill the vehicles.
The Class 8 XCIENT Fuel Cell vehicles, according to the manufacturer, will have a maximum driving range of 500 miles due to the hydrogen being stored on the truck in tanks with a 700 bar (about 10,000 psi) pressure rating. The Class 8 XCIENT Fuel Cell truck will have a maximum gross combined weight of more than 37 tons, or over 82,000 lbs.
1. How many Fuel cell class 8 truck markets in North Americas are manufactured per annum? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Fuel cell class 8 truck market in North America and key vendor selection criteria
3. Where is the Fuel cell class 8 truck market in North America manufactured? What is the average margin per unit?
4. Market share of Fuel cell class 8 truck market in North America market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Fuel cell class 8 truck market in North America in-house
6. 5 key predictions for next 5 years in Fuel cell class 8 truck market in North America market
7. Average B-2-B Fuel cell class 8 truck market in North America market price in all segments
8. Latest trends in Fuel cell class 8 truck market in North America market, by every market segment
9. The market size (both volume and value) of the Fuel cell class 8 truck market in North America market in 2023-2030 and every year in between?
10. Production breakup of Fuel cell class 8 truck market in North America market, by suppliers and their OEM relationship
