The market is being driven by knowledge of the advantages of high air quality and the negative impacts of routine emissions. Governments are making investments and improving the infrastructure for electric vehicles, which will help the industry grow.
The market is expanding as a result of several technical developments and a rise in the number of refueling stations.
The Asia Pacific area is favoring the uptake of fuel cell electric cars due to rapid industrialisation and the growth of the production facilities.
To encourage the production of these environmentally friendly automobiles, the Indian government has developed a programme for electric, hybrid, and fuel cell vehicles. Additionally, integrate India into the global supply chain.
The market for fuel cell electric cars will expand as vehicle pollution standards are tightened in several countries throughout the world. Additionally, the adoption of electric vehicles is fueling this industry’s expansion.
The India Fuel Cell Vehicle Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
As a part of a pilot project by Toyota Kirloskar Motor and International Center for Automotive Technology (ICAT) to study and evaluate the Toyota Mirai on Indian roads and climatic conditions, the Japanese automaker Toyota introduced India’s first hydrogen fuel cell-powered electric vehicle (FCEV), the Mirai.
The Toyota Mirai has a certified range of up to 650 kilometres on a single full charge and is propelled by a hydrogen fuel cell battery pack. According to Toyota, their objective is to achieve net-zero carbon (CO2) emission over the whole lifetime, which extends well beyond automobiles.
India’s first locally created hydrogen fuel cell bus has been exhibited by Sentient Labs, a Pune-based R&D innovation facility. The National Chemical Laboratory (NCL) and Central Electro Chemical Research Institute (CECRI), working together under the auspices of the Council of Scientific and Industrial Research, created the hydrogen fuel cell technology that powers the bus.
Sentient Labs not only created the hydrogen fuel cell technology but also other crucial parts of the vehicle, like the battery pack, motor, and balance of the plant, locally. A 32-seat, air-conditioned bus measuring 9 metres long has all of these components installed. This is intended to use 30 kg of hydrogen and have a 450 km range. Modular architecture enables design adjustments to accommodate range and operational needs.
A non-binding Memorandum of Understanding (“MOU”) was signed by Ballard Power Systems and the Adani Group to explore a combined investment case for the commercialisation of fuel cells in different transportation and industrial applications in India. According to the MOU, both parties would look at prospective collaborations across a range of areas, including fuel cell manufacturing in India.
An electric bus (e-Bus) measuring nine metres long has been given by Nuvera Fuel Cells, LLC in northeast India, powered by an E-60 hydrogen fuel cell engine. A regional effort to adopt various hydrogen mobility solutions includes the tourist bus.
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