PEM fuel cell membrane and bipolar plates (left) and EV battery housing with epoxy SMC cover (right). Photo Credit: Daimler (left) and Evonik (right).
According to the International Energy Agency (IEA) report “Global Hydrogen Review 2021,” the cost of automotive fuel cells has fallen by 70% since 2008. Global fuel cell manufacturing capacity is expected to reach >200,000 systems/year by the end of 2021, supplied by more than 40 manufacturers.
Page 83, Global Hydrogen Review 2021 by the International Energy Agency (IEA). Photo Credit: E4tech
Toyota (Aichi, Japan) currently produces 30,000 systems/year, while Hyundai (Seoul, South Korea) is building a second plant to bring its capacity to >40,000 systems/year by 2022, targeting 500,000 systems/year by 2030. Manufacturing capacity announcements by suppliers to date total 1.3 million…