INDIA FUEL CELL VEHICLE MARKET
INTRODUCTION
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.
INDIA FUEL CELL VEHICLE MARKET SIZE AND FORECAST
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.
NEW PRODUCT LAUNCH
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.
COMPANY PROFILE
- Daimler AG
- Audi AG
- Honda Motors Co. Ltd.
- Hyundai Motor Company
- Ballard
- Nikola Corporation
- BMW AG
- MAN
- Toyota Motors
- General Motors
- Volvo AB
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
- What is the average cost per India Fuel Cell Vehicle Market right now and how will it change in next 5-6 years?
- Average cost to set up a Fuel Cell Vehicle Market in India?
- How many India Fuel Cell Vehicle Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
- What is happening in the overall public, globally?
- Cost breakup of a India Fuel Cell Vehicle Market and key vendor selection criteria
- Where is the India Fuel Cell Vehicle Market manufactured? What is the average margin per equipment?
- Market share of India Fuel Cell Vehicle Market manufacturers and their upcoming products
- The most important planned India Fuel Cell Vehicle Market in next 2 years
- Details on network of major India Fuel Cell Vehicle Market and pricing plans
- Cost advantage for OEMs who manufacture India Fuel Cell Vehicle Market in-house
- 5 key predictions for next 5 years in India Fuel Cell Vehicle Market
- Average B-2-B India Fuel Cell Vehicle Market price in all segments
- Latest trends in India Fuel Cell Vehicle Market, by every market segment
- The market size (both volume and value) of India Fuel Cell Vehicle Market in 2022-2027 and every year in between?
- Global production breakup of India Fuel Cell Vehicle Market, by suppliers and their OEM relationship
