30 Sep '12, 12pm

UK Carbon Trust report says fuel cell vehicles could take more than 30% of mid-sized car market by 2050

The new report finds that reducing the cost to lower than $36/kW would lead to a significant market expansion with 200 million more fuel cell vehicles being deployed by 2050 taking the total to some 690 million fuel cell vehicles. This would increase the value of the global fuel cell vehicle market by $30 billion to $261 billion per year by 2050 with the market in the UK worth some $4 billion per year. It would also reduce global carbon emissions from vehicles by an additional 260 million tonnes per year by 2050—equivalent to the current annual emissions of Taiwan.

Full article: http://www.greencarcongress.com/2012/09/ukcc-20120930.html

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