<
https://thedriven.io/2024/05/16/global-hydrogen-vehicle-sales-plunge-further-to-be-tiny-fraction-of-ev-sales/>
"Global sales of hydrogen vehicles has taken another dive in the first quarter
of 2024, with only 2,382 fuel cell electric vehicles (FCEVs) sold across the
world, a decline of 36.4 per cent year-over-year.
New figures from South Korean research firm SNE Research found that the world’s
two major FCEV carmakers, Hyundai and Toyota, both saw sales decline, though at
wildly differing degrees.
Toyota only sold 868 units in the first quarter, representing a year-on-year
decline of 4.2 per cent, while Hyundai sold only 691 units, down from 2,044 in
the first quarter of 2023, representing a massive decline of 66.2 per cent.
The paltry numbers for the first quarter compare to the robust EV market, with
9.5 million full battery EVs sold around the world in 2023, and that number
expected to reach 17 million in 2024, according to the International Energy
Agency.
Hyundai’s massive slump in FCEV sales translated into significant declines in
both the United States and Korea, which saw FCEV sales drop by 67 per cent and
70 per cent respectively.
SNE Research’s figures include both passenger and commercial FCEVs, but this is
further representative of the struggles of hydrogen vehicle adoption."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
