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This is the most exciting thing for the manufacture of cars fueled with hydrogen. It is projected that by 2028 hydrogen-powered cars become widely used. It started the growth of this business started in 2018 up to 2026 and by 2028, it will make its final boom worldwide. The report mentioned that the fuel cell car market is projected to increase from its 2018 valuation of $651.9 million to $42.04 billion by 2026, which translates into a compound annual growth rate of 66.9% between 2019 and 2026. Despite the growing popularity of zero-emission vehicles for public usage, battery-electric vehicles have dominated the market for the last ten years.
However, because of recent funding and subsidies, growing concerns about the cost and environmental impact of mining rare metals needed for batteries, and declining costs for sustainable energy, automakers, governments, and consumers are beginning to view hydrogen more positively. With this, the U.S. government through the Department of Energy will invest billions of dollars and will focus on research, development, and demonstration of hydrogen combustion engines
The three main awardees’ projects working on hydrogen combustion engine innovation include:
Paccar. The company, located in Mount Vernon, WA, intends to build and demonstrate a potent hydrogen engine for trucks and other large vehicles to take on the heavy-duty market.
Cummins. The corporation’s research focuses on emissions and efficiency to develop a hydrogen engine for heavy-duty applications that is environmentally responsible and gives great performance. Cummins is located in Columbus, IN.
Powertrain. The company is located in Plymouth, MI, and is aiming to target a different market niche: high-power applications. They hope to transform industries like motorsports and performance cars by creating an ultra-low-emission hydrogen engine.
However, because of recent funding and subsidies, growing concerns about the cost and environmental impact of mining rare metals needed for batteries, and declining costs for sustainable energy, automakers, governments, and consumers are beginning to view hydrogen more positively. With this, the U.S. government through the Department of Energy will invest billions of dollars and will focus on research, development, and demonstration of hydrogen combustion engines
The three main awardees’ projects working on hydrogen combustion engine innovation include:
Paccar. The company, located in Mount Vernon, WA, intends to build and demonstrate a potent hydrogen engine for trucks and other large vehicles to take on the heavy-duty market.
Cummins. The corporation’s research focuses on emissions and efficiency to develop a hydrogen engine for heavy-duty applications that is environmentally responsible and gives great performance. Cummins is located in Columbus, IN.
Powertrain. The company is located in Plymouth, MI, and is aiming to target a different market niche: high-power applications. They hope to transform industries like motorsports and performance cars by creating an ultra-low-emission hydrogen engine.
