Author: Anela Dokso

hydrogen

The hydrogen truck industry is set to expand significantly, projected to grow from USD 1.9 billion in 2024 to USD 10.8 billion by 2035. This represents a compound annual growth rate of 16.9%. The industry’s growth is primarily driven by supportive regulations and government actions promoting hydrogen vehicles. Another factor is the growing hydrogen refueling infrastructure and green hydrogen hubs, which bolster the market for hydrogen buses and trucks. Hydrogen Trucks on the Rise The hydrogen truck segment, which has over 400 kW power, is gaining traction, especially in heavy-duty applications such as long-haul trucking and high-performance buses. These trucks…

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