Fuel cell Electric Vehicles to have a bright future in India: Report


Fuel cell Electric Vehicles to have a bright future in India: Report

Supply-side constraints may prove to be an obstacle in battery-driven electric vehicles becoming the only technology for future mobility in India and hydrogen-powered fuel cell EVs could become a complementing technology in future, according to a study by KPMG.

In a report titled ‘Automotive fuel: Racing towards a multipolar world’, KPMG said battery electric vehicles (BEV) technology is currently far ahead in market maturity and is expected to be the obvious choice in a value-conscious market like India to kick-start the shift towards cleaner fuel.

“However, supply-side constraints might prove an obstacle in BEV becoming the only technology to have pervaded all forms of mobility as India produces close to four million passenger cars and roughly about 30 million mobility products (as on 2018),” it said. Read More

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