A Tag-Team Effort: Battery & Hydrogen Fuel Cell EVs Both Needed To Reduce Emissions

deepblue4you/iStock via Getty Images The causal relationship between human activities and rising greenhouse gas (GHG) emissions and temperatures is “unequivocal,” according to the Intergovernmental Panel on Climate Change (IPCC).1 Notably, the transportation sector accounts for the second-largest share of global GHG emissions caused by human activities, behind power generation.2 Key to reducing transport-related emissions is the mass adoption of electric vehicles (EVs), particularly the zero-emissions technologies of battery electric vehicles (BEVs) and hydrogen fuel cell electric vehicles (FCEVs). Together, these technologies can transform transport across all vehicle segments. In this report, we compare these EV technologies and explore their upstream and downstream investment implications as the energy transition gathers momentum. Key Takeaways The continued adoption of…

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