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HYDROGEN BUSES MARKET ANALYSIS

Hydrogen Buses Market, By Bus Type (Single Deck, Double Deck, and Articulated Deck), By Fuel Cell Type (Polymer Electrolyte Membrane (PEM) Fuel Cells, Solid Oxide Fuel Cells (SOFC), and Alkaline Fuel Cell), By Application (City Buses, Coach/Interurban Buses, and Special Buses), By Hydrogen Storage Method (Compressed Hydrogen Storage and Liquid Hydrogen Storage), By Fleet Size (Large Fleets and Small to Medium Fleets), By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Market News

Recent Developments

New product launches

  • In 2023, Otokar launched KENT hydrogen fuel cell e bus at Busworld Europe 2023. Kent hydrogen provides a range of over 500 km and efficient operational hours with its high hydrogen storage capacity, low hydrogen consumption, and high technology reliable systems.
  • In 2023, Tata Motors launched their Tata Starbus Fuel Cell EV to Indian Oil Corporation Ltd. (IOCL), the leading petroleum company. It is India's first hydrogen fuel bus with a range of 250 to 300km.
  • In 2022, Turkish bus manufacture Karsan launched Karsan e-ATA hydrogen fuel cell bus. It has a range of over 500 km and can be refueled in just 15 minutes.
  • In 2022, South Korean automaker Hyundai launched Hyundai XCIENT Fuel Cell City Bus. It has a range of up to 400 km and can be refueled in just 10 minutes.

Acquisition and partnerships

  • In 2022, BMW announced partnership with Toyota to produce hydrogen fuel cell vehicles starting mid-decade and the two will begin producing and selling hydrogen fuel cell vehicles developed jointly as early as 2025.
  • In 2021, Toyota announced a partnership with Hino Motors to develop and produce hydrogen fuel cell buses. This partnership is expected to accelerate the development and commercialization of hydrogen buses in Japan.
  • In 2020, Ballard Power Systems acquired Proton Motor Fuel Cell, a Germany based manufacturer of hydrogen fuel cell buses. This acquisition gave Ballard Power Systems a foothold in the European hydrogen bus market.

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