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As Europe moves to a BEV era over the next decade, more advanced batteries are needed to drive vehicles further, while at the same time making them more affordable.
The transition team's recommendations include bolstering measures to block automotive imports from China and imposing global tariffs on battery materials.
GlobalData's latest report provides a comprehensive overview of the recent market developments and tech foresight & patent analysis of the global automotive fuel cell powertrains market. The report also provides a detailed sector-wise and regional market outlook from 2019 to 2029. Per our analysis, the fuel cell powertrains market volume is estimated at 11.7 thousand units in 2024 and will grow at a CAGR of more than 59% from 2024 to 2029.
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