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FCEV trucks have the benefit of being an electric vehicle, but with a similar weight and power output to regular diesel-powered trucks, and have a similar refueling time of around 15-20 minutes. The global fuel cell commercial vehicle market is a very niche market currently set for growth as various OEMs, fuel suppliers and government have shown increasing interest in this technology.
To know more about Global Automotive Fuel Cell Market, read our report
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Hyundai announced that the hydrogen fuel cell system being shipped to the European continent will also be used by non-automotive companies including a Swiss hydrogen solution firm called GRZ Technologies. Hiringa Energy and HYZON Motors agree to deploy fuel-cell-powered heavy trucks in New Zealand in 2021.This agreement is in line with Hiringa and its partners’ strategy to roll out over 1,500 FCEVs by 2026.
The trucks will come in a variety of right-hand drive configurations with a gross combined mass (GCM) of more than 50t and suitable for New Zealand operators including 8×4 and 6×4 rigid and prime movers with driving distances of up to 500km.
Plug Power holds a vision of decarbonizing the globe, and more specifically in the areas of green hydrogen and mobility. The company’s 30 to 125 kW ProGen engine suites heavy-duty vehicle applications, including class 6 and 8 trucks.
Daimler plans to fuel the truck with liquid hydrogen, rather than the gaseous hydrogen. Daimler Trucks unveiled the concept Mercedes-Benz GenH2 Truck. Due to the use of liquid instead of gaseous hydrogen with its higher energy density, the vehicle’s performance is planned to equal that of a comparable conventional diesel truck. Daimler Trucks plans to have the eActros LongHaul ready for series production in 2024.
Its range on one battery charge will be approximately 500 kilometers. With the ePowertrain, Daimler Trucks plans to achieve synergies and economies of scale for all relevant vehicles and markets. Freudenberg Sealing Technologies announced a partnership with German vehicle manufacturer Quantron AG to deploy its new fuel cell system in heavy-duty trucks.This partnership is supported by the Energy Research Programme of the Bavarian State Ministry of Economic Affairs, Regional Development and Energy in Germany
Hyzon Motors launched leasing service for hydrogen commercial vehicles in Europe. Hyzon and its partners have been actively developing complete end-to-end lifecycle solutions that enable fleet operators to viably make the transition to hydrogen fuel cell commercial vehicles. Hyundai Motor Group broke ground on first overseas fuel cell system plant in Guangzhou. The annual production target for the facility is 6,500 units, with a goal to gradually expand production capacity in line with Chinese market conditions and central government policies.
Volvo Group and Daimler Truck AG signed an agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new company a leading global manufacturer of fuel-cells, and thus help the world take a major step towards climate-neutral and sustainable transportation by 2050.
COVID-19 has affected the production and sales of new vehicles across the globe as the whole ecosystem had been disrupted in the initial outbreak. Due to this pandemic, many countries had imposed a complete lockdown of more than two months, which in turn has impacted vehicle production.
OEMs had to wait until lockdowns were lifted to resume production and also, component manufacturing was suspended which leads to liquidity issues for small tier manufacturers. Thus, the production suspension during the initial months of outbreak and lower demand due to higher cost had an impact on the fuel cell commercial vehicle market.
However the conditions improved in the latter months, but the overall FCEV market didn’t suffer much as demand for zero emission vehicles increased during the latter months of 2020. Many countries increased their investments across the globe to develop hydrogen fuel infrastructure and incentives were offered to buyers to create opportunities for OEMs to expand the fuel cell market.
The major factors such as growing demand for low emission commuting, growing mass urban transportation and rising demand for alternative fuels along with government support will increase the growth of the fuel cell commercial vehicle market. Hydrogen cell buses have been the primary driver of the fuel cell vehicle market. These buses have shorter fueling times and better maneuverability because they are significantly lighter than battery electric buses.
The advantages of FCEV vehicles over battery electric trucks is that, these vehicles are lighter than battery electric vehicles making them better suited to carry heavy cargo and these vehicles travel much longer distances than battery electric vehicles making them well equipped for long transportation increased the demand for fuel cell commercial vehicle around the world.
Hyundai Motor Group aims to secure a 700,000-unit-a-year capacity of fuel cell systems for automobiles as well as vessels, rail cars, drones, and power generators by 2030. The Company shipped 10 units of the Hyundai Xcient Fuel Cell, the fuel cell heavy-duty truck, to Switzerland.
The company shipped a total of 50 Xcient Fuel Cells to Switzerland in 2020. The goal for Hyundai is to sell 1,600 Xcient units by 2025.
The global fuel commercial vehicle market is estimated at $XX Million in 2020 growing at –% CAGR till 2025.
Beiqi Foton Motor, Daimler’s Chinese truck joint venture partner, plans to sell 200,000 new energy commercial vehicles. Foton, a subsidiary of the BAIC Group, will produce battery-electric, hydrogen fuel-cell, and gasoline-electric trucks and vans. Previously, the business said it would partner with PMI Electro Mobility Solutions to build an electric bus manufacturing plant in Pune, India, within the next two to three years.
Hyundai Motor Company has partnered with Cummins Inc. to commercialise electric and fuel cell powertrains. The two companies will initially focus on the North American commercial vehicle market as part of their agreement. Hyundai’s fuel-cell technologies will be combined with Cummins electric motors, batteries, and control systems in these innovative electric and fuel-cell powertrains.
According to Cummins, the two businesses want to cooperate with North American OEMs to integrate these technology into their vehicles. Aside from that, the two businesses will look into the possibility of developing new generation fuel cell technology for future automobiles. Both organisations have agreed to putting together a dedicated team to look into and pursue new avenues for collaboration.
MAHLE Powertrain and Bramble Energy have jointly agreed to continue their collaboration to develop Bramble’s PCBFC™ hydrogen fuel cell technology. MAHLE Powertrain and Bramble Energy have agreed to continue working together on Bramble’s PCBFCTM hydrogen fuel cell technology development.
Other electric vehicle technologies suffer from hefty batteries and long recharge times, which makes hydrogen fuel cells particularly relevant to the commercial vehicle sector as it strives to fulfil net zero CO2 emissions requirements.” Bramble Energy has proven that their revolutionary PCBFCTM technology is a cost-effective way to implement fuel cell propulsion for commercial vehicles. MAHLE Powertrain was chosen as the project’s integration partner due to its decade-long experience in powertrain technology integration and its expertise in EV control systems and thermal management.
Ballard Power Systems established a strategic partnership with Wisdom Motor Company Limited, Templewater Group, and Bravo Transport Services Limited to accelerate commercial fuel cell electric vehicle (FCEV) adoption in Hong Kong. Wisdom, a technology business that designs and manufactures zero emission commercial vehicles, was co-funded by Templewater and Ballard, an alternative asset management firm and parent company of Bravo, Hong Kong’s largest transit operator. Wisdom’s organisational growth, R&D, and production platforms will be supported by the Series A financing, which will include the expansion and development of its hydrogen zero emission fuel cell truck, bus, and specialty vehicle products for worldwide markets.
OneH2, Inc. is partnering with Navistar to put more hydrogen-powered long-haul trucks on the road using its modular, mobile, and scalable hydrogen production and fueling capabilities. OneH2, Inc. is emerging as a leader in providing scalable hydrogen fuel systems for use in industrial vehicles and trucks. Customers can select the level of renewability of the hydrogen used to fuel their fleet as part of this cooperation. OneH2 offers a choice of zero- and low-carbon hydrogen generation alternatives, and will customise solutions to meet specific customer needs.
J.B. Hunt Transport, Inc. will be the first to test Navistar’s comprehensive solution for customer adoption of a zero-emission long-haul system. J.B. Hunt, which delivers innovative supply chain solutions to a wide range of customers across North America, has committed to using the system on specific routes and sharing significant learnings.
In 2020, approximately 5,800 fuel cell electric cars and 37 fuel cell electric buses were sold in South Korea. Similarly in Japan 78 FCEV buses and in China 993 FCEV buses were sold in the Asia-Pacific region. In the US, 2,085 fuel cell electric vehicles were sold from January to July in 2021. By 2021, approximately 11,016 fuel cell electric vehicles were operating in the US.
Hyundai Motor has surpassed Toyota Motor in the global sales of hydrogen fuel cell vehicles and regained its number one position in this segment. Hyundai Motor sold 4,700 units of hydrogen electric vehicles in the first half of 2021 and Toyota Motor managed to sell 3,700 units of the fuel cell vehicles in the same period. Hyundai reclaimed its top position boosted by their Nexo fuel cell vehicle in January this year and the fuel cell vehicle contributed to an increase in segment sales of 91.1% year-on-year in the second quarter of 2021.
Though Toyota fell to the second position, its sales of fuel cell vehicles increased more than 8.3 times year-on-year which was boosted by their new Toyota Mirai Gen2 model. Honda Clarity fuel cell hydrogen vehicle has declined in the market share as its growth rate fell below the market average. This comes as a consequence of Honda declaring the end of production for the hydrogen electric vehicle in July 2021.
Nikola reported $ 9.6 billion revenue in the second quarter of 2021. Nikola has completed Phase 0.5 of Coolidge, Arizona manufacturing facility and is in the process of building seven trucks in Coolidge, comprising two Tre BEV Pre Builds and five Tre FCEV Alphas which results in their increase of revenue in the second quarter of 2021.
