The European Commission’s Joint Research Centre (JRC) has suggested an increase in enhanced financial support will be needed in order to grow the hydrogen mobility market.
The report stated that enhanced financial support is required to “implement long term financial mechanisms, such as subsidies or tax incentives specific to hydrogen mobility, to offset the higher operational costs and make fuel cell electric vehicles (FCEVs) and buses more competitive.”
The 114-page report examined demonstration activities conducted between the early 2000s and 2023, based in Europe and carried out via early FCEV initiatives throughout the noughties and Clean Hydrogen Joint Undertaking (JU) projects from 2011 onwards.
Some of the other recommendations listed by the European Commission’s JRC included:
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