Symbio - Economic Viability of Switching to Hydrogen Vans for Fleet Managers
Key Ideas
  • Purchase costs of hydrogen vans can be higher initially, but subsidies and falling production costs make them more economically viable over time.
  • Operating and maintenance costs of FCEVs are advantageous in terms of maintenance and competitive energy costs compared to diesel and BEVs.
  • Total cost of ownership (TCO) analysis shows that as hydrogen costs decrease, FCEVs become more economically attractive, especially for long-distance operations.
  • Infrastructure development, including public and private initiatives to increase the number of refuelling stations, is a key factor in the successful transition to FCEVs for fleet managers.
Fleet managers of light commercial vehicles are exploring the economic implications of transitioning to cleaner solutions like hydrogen fuel cell electric vehicles (FCEVs) amidst strict transport emission regulations. While FCEVs have higher initial purchase costs, subsidies and economies of scale are expected to make them more affordable over time. The operating and maintenance costs of FCEVs offer advantages in energy and maintenance, making them competitive with diesel and BEVs in the long run. Total Cost of Ownership (TCO) analysis highlights the increasing viability of FCEVs as hydrogen costs decrease, particularly for long-distance fleets. Infrastructure development, such as the expansion of hydrogen refuelling stations through public and private initiatives, plays a crucial role in facilitating the transition to FCEVs. The collective efforts of countries and industries in developing a supportive infrastructure are essential for maximizing the economic benefits of adopting FCEVs.
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