As of now, just two hydrogen vehicles are commercially accessible in the UK – the Toyota Mirai and the Hyundai NEXO. As of December 2020, it was assessed that there are a little more than 31,000 traveler hydrogen vehicles on the world’s streets.
The Government released the UK Hydrogen Strategy report toward the finish of August which took a gander at how hydrogen could play a role in the UK’s decarbonisation effort.
It expressed that there are over 300 hydrogen vehicles on UK streets, for the most part traveler vehicles and buses.
The Government is supporting hydrogen use in transport with a £23million award for the Hydrogen for Transport Program.
The report likewise explained that hydrogen could be used to “complement electrification across modes of transport” including buses, trains and heavy goods vehicles (HGVs).
Further investment is expected with various interested associations investigating the practicality of hydrogen-powered cars in the future.
One such organization is Bosch who have declared their goal to invest a huge £800million into creating hydrogen fuel cells and lorries.
Bosch recognized hydrogen as a megatrend with the world searching for elective fuels later the COP26 climate conferences.
Its research recommends the market for green hydrogen in the European Union will be worth more than £34billion by 2030, with annual growth rates of 65%.
Somewhere in the range of 2021 and 2024, Bosch intends to contribute €1billion (£844million) into fuel cell technology and evaluations that the market for mobile fuel-cell components will be worth around €18billion (£15.2billion) before the decade’s over.
Bosch is hoping to foster the next generation of powering vehicles, as many organizations hope to progress away from fossil fuels and see elective fuels.
The global investment into the sector won’t be to the point of making hydrogen a possible vehicle option anytime soon, in contrast to electric vehicles.
Caterina Brandmayr, head of climate policy at Green Alliance, remarked on the probability of far reaching reception of hydrogen vehicles.