Annual fuel cell car and bus sales to exceed 228,000 by 2024, says Navigant

Toyota's introduction of the Mirai, its first production-level fuel cell car, has thrust fuel cell vehicles (FCVs) back into the spotlight. While the performance of FCVs makes them ready for commercial launch, the industry is still focused on the two key requirements for larger-scale market introduction: driving down vehicle costs to be competitive with battery and hybrid vehicle technology and developing the hydrogen infrastructure necessary to fuel the vehicles. According to a new report from Navigant Research, annual sales of FCVs are expected to exceed 228,000 by 2024.

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