According to Allied Market Research,
the global hydrogen
fuel cell vehicle market is expected to grow at a significant
CAGR from 2019–2026. Surge in environmental concern worldwide has worked as the
major factor driving the growth of the market. On the other hand, high initial
investment in infrastructure is expected to hold up the growth to certain
extent. However, top-end advancement in technology, and huge potential in the
market have almost toned down the above factor and created a number of
opportunities for the frontrunners in the industry.
In
the last few years, hydrogen cars have become one of the overtly discussed
topics worldwide. Well, hydrogen cars can be defined as electric vehicles with
a small cordless battery that is charged from a hydrogen fuel cell on a
continuous note. The fuel cell, in turn, drags stowed hydrogen gas, blends it
with oxygen from the firmament, and dashes it through a proton exchange sheath,
letting out electricity along the way. However, the only derivative of this
process is water, making the vehicle basically just an electric automobile that
gets its control as well as fuel from a number of onboard batteries. People who
have already driven these vehicles would certainly know, these cars are no
different from any other normal vehicle, with an added advantage that they
would never be emitting any poisonous gases while in operation.
A
number of surveys have been conducted and the experts have got several
nomograms on how exactly the global automotive markets are retorting to
hydrogen fuel cell vehicles. In the US, business ventures, along with consumers
are gradually taking their move toward hydrogen fuel cells. This is coming off
in parallel with a slow conformation of the hydrogen fueling station network.
These grids are required to fuel the vehicles every 250-300 miles or so.
Now, the question remains, how exactly does
a hydrogen engine work. Hydrogen fuel cell vehicles are propelled by a
plug-in motor and thus, are labelled as e-cars. In contrast to Battery electric
vehicles, hydrogen fuel cell vehicles are different in terms of electricity
generation- as they tend to produce electricity all by themselves. They come up with their own effectual power
plant on board, namely the fuel cell.
The
key players profiled in the hydrogen fuel cell vehicle market share include
Honda, Toyota, Hyundai, Daimler, Audi, BMW, Volvo, Ballard Power Systems,
General Motors, and MAN.
Also,
when it is about onboard storage of energy, hydrogen has an added benefit to
dole out. The fact that hydrogen is stockpiled in high-pressure tanks beneath
the vehicle makes it highly beneficial to the users and the environment alike. The
lightweight cisterns are cast off to lay in the high-pressure hydrogen, which cumulates
a much larger volume of energy by means of hydrogen compared to lithium-ion sequences.
Energy deposited in batteries needs many more battery stalls for each extra
mile added to the span and scope of the vehicle. Again, in terms of energy
stored in the vehicle, hydrogen clearly has the advantage, even when the fuel stall
and its structure are taken into consideration.
The
energy is uprooted into hydrogen fuel cell automobiles, by thrusting goaded or
hounded vaporous hydrogen into the vehicle. On the other hand, battery electric
vehicles are beefed up by infusing electricity into them.
Following
are the advantages of hydrogen fuel cell vehicles for users-
- The impulsion in hydrogen fuel cell cars is completely electrical. So, on driving such cars, you would just get the similar feeling of driving a regular electric vehicle. Additionally, there will be no engine noise, as electric engines offer full torque even when they run at low speeds.
- Another significant benefit is the quick charging time. Based on the battery capacity, electric cars tend to entail at least thirty minutes to several hours in order to get fully charged. On the contrary, the hydrogen tanks of fuel cell cars are all set to go, even in case they are charged for less than five minutes. And, it’s certainly a big advantage for the users, as it brings in much flexibility than that of a standard car.
- Last but not the least; the range of fuel cell cars is not at all reliant on the outside temperature. A for example, they are not likely to deteriorate even in harsh cold weather.
In brief, it can be stated that hydrogen fuel cell vehicles tend
to take recourse to a hydrogen fuel cell to drive its on-board electric generator.
Hydrogen is used to set off a hydrogen fuel cell to produce electricity. Vehicles
powered by hydrogen fuel cell hold high potential to bring down excess emissions,
thereby contributing to the welfare of the environment. The fact that these
vehicles never tend to emit any greenhouse gases during vehicle operation has
made them a preferred choice over the gasoline as well as diesel-powered vehicles. Simultaneously,
rise
in
government verves for modification of hydrogen fuel cell infrastructure has
fueled the market growth in more than one way.
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