PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Rising Oil Prices and Energy Security Issues Heighten Interest in Fuel Cell Electric Vehicles - Increasing oil price and growing concerns over energy security are helping accelerate the development and commercialization of fuel cell electric vehicles (FCEVs)
Rising Oil Prices and Energy Security Issues Heighten Interest in Fuel Cell Electric Vehicles

 

NewswireToday - /newswire/ - London, United Kingdom, 2008/11/17 - Increasing oil price and growing concerns over energy security are helping accelerate the development and commercialization of fuel cell electric vehicles (FCEVs).

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Federal and local governments have been proactively funding fuel cell technology and in the medium term, there would be rigorous developments in fuel cell technology, standardization of production and storage of hydrogen, and ramping up of the mammoth task of building hydrogen infrastructure.

New analysis from Frost & Sullivan (automotive.frost.com), Strategic Analysis of Global Market for Fuel Cell Electric Vehicles, finds that the global market for fuel cell electric vehicles is expected to be around 120,000 vehicles by 2015.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the strategic analysis of global market for FCEVs, then send an email to Anna Anlauft, Corporate Communications, at anna.anlauft[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, an overview will be sent to you by email.

The FCEV market has just kicked off, with Honda leasing FCX to consumer fleets, and would be limited to regions that are rich in hydrogen infrastructure. Hydrogen-fuelling stations, which are expected to expand around 2015, will trigger pre commercial technology refinement and low-volume production around that time. Only post 2016 can we expect a ramp up of production, leading to mass commercialization.

“Stringent environmental regulations, increased environmental concerns among consumers, and growing tax incentives are major factors accelerating the development of FCEVs,” notes Frost & Sullivan Senior Research Analyst Anjan Hemanth Kumar. “The European Road Transport Research Advisory Council (ERTRAC) has advised 40 percent reduction in CO2 emissions for the 2020 fleet of passenger cars, which is estimated to 95 g/km of CO2 emission.”

On the incentive front, various producer and consumer tax incentives are developed for FCEVs in Japan and Europe. The U.S Government offers fuel cell motor vehicle credit of $8,000 for light-duty vehicles until 2009 and $4,000 there after. Tax credits are to be introduced when the fuel cell passenger vehicles are made available.

However, the high cost of FCEV technology, due to stacks, battery, and electric drive train, remains a significant restraint to its development. The platinum-based catalyst employed in the stacks is mainly responsible for the high material costs of FCEV and consumers will initially have to pay a premium on the FCEV to cover the high production cost and the capital on R&D.

“Furthermore, original equipment manufacturers (OEMs) and research institutes have still not found a viable means of economic hydrogen production,” says Kumar. “Hydrogen can be compressed to one-tenth of its volume in cryogenic liquid state but there are boil off issues at a temperature -250 degree Celsius or at a pressure of 700 bars in gaseous state.”

Strategic Analysis of Global Market for Fuel Cell Electric Vehicles is part of the Automotive & Transportation Growth Partnership Service program, which also includes research in the following markets: Strategic Assessment of European Passenger Electric Vehicles Market and Strategic Assessment for European market for Micro, Mild and Full Hybrids. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership™ empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

Strategic Analysis of Global Market for Fuel Cell Electric Vehicles
M2EB

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Rising Oil Prices and Energy Security Issues Heighten Interest in Fuel Cell Electric Vehicles

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Anna Anlauft 
+49 (0) 69 770 33 12 anna.anlauft[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Data-driven Service Streams and Software-defined Cars Transform Car-as-a-Service Market Finds Frost & Sullivan
BRP Launches A Whole New Kart Racing Experience with its First Rotax Electric Powerpack
Frost & Sullivan Honors Interstate Batteries® as the Overall Best Brand of Automotive Batteries in the United States
R&D on Autonomous, Connected, and Electrification Technologies Creates Double-digit Growth Opportunities Finds Frost & Sullivan
Adoption of Integrated Gamification Technologies Boosts Growth in Automotive Ecosystem Finds Frost & Sullivan
RevMotiv Technology Co. and Lingzhong Technology to Create Electric Motors for Public Buses in China
MAN Group Unveils New MAN Vehicles Equipped with RIO Box as Standard
Frost & Sullivan Honors Greenlots with its Product Leadership Award
Frost & Sullivan Honors IriTech for Leading Iris Biometrics to New Frontiers in Mobile, AR/VR and Automotive Markets
Corporate Mobility Solution Providers Leverage a Sophisticated, Partnership-based Ecosystem Finds Frost & Sullivan
eRetailing, Telematics and Service Aggregation Boost Evolution of Global Automotive Aftermarket in 2017 Finds Frost & Sullivan
Frost & Sullivan Names Drivewyze Company of the Year
Auto Hrvatska, Croatian Importer of MAN Truck & Bus Celebrates its 65th Anniversary
Original Equipment Service Providers in the CV Aftermarket to Edge Out Independent Aftermarket Participants Finds Frost & Sullivan
Frost & Sullivan Commends High Mobility's Potential to Disrupt the Connected Car Market

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  RightITnow Ltd





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)