Hydrogen Fuel Cell Vehicles Sold by Year-End 2017: Regional Share (source: Information Trends)

Hydrogen Fuel Cell Vehicles Sold by Year-End 2017: Regional Share (source: Information Trends)

Hydrogen fuel cell cars are far from mainstream as less than 6,500 were sold globally since 2013 (through the end of 2017).

According to Information Trends, the counter stopped at 6,475 at the end of 2017 and more than half were registered in California, which puts the U.S. (53%) at the forefront for FCV adoption.

Japan takes second place with 38%, while Europe is at 9%.

On the manufacturer side, Toyota delivered more than 75% of all hydrogen fuel cell cars ever made with a small 13% and 11% accompaniment from Honda and Hyundai. By 2021, a total of 11 automakers are expected to offer FCVs.

"By 2021, at least 11 automakers will have rolled out hydrogen fuel cell vehicles, including Toyota, Lexus, Hyundai, Kia, Honda, Mercedes-Benz and BMW. Other entrants in this space include Tata Motors, Pininfarina S.p.A. (owned by Mahindra & Mahindra) Riversimple and the RONN Motor Group."

In 2017, sales of FCVs more than doubled the total sales in all previous years.

Honda Clarity Fuel Cell

Honda Clarity Fuel Cell

Information Trends, in its report "Global Market for Hydrogen Fuel Cell Vehicles, 2018," forecasts that FCVs at some point in the future could become more popular than BEVs, which we don't believe at all.

"Hydrogen infrastructure is coming along steadily, albeit slowly, said Naqi Jaffery, the lead author of the report. In northeast U.S., hydrogen station buildout is gathering momentum, giving automakers a second market in the U.S.

According to Jaffery, a respectable hydrogen fueling ecosystem will not be ready until 2020. The slow buildout of the hydrogen stations has given an opening to battery electric vehicles whose sales are rapidly gaining ground.

Jaffery, who is bullish on the future of hydrogen fuel cell vehicles, said battery electric vehicles will be short-term beneficiaries of the movement towards zero-emission vehicles. However, as the hydrogen infrastructure evolves, fuel cell vehicles will pick up traction."

Hydrogen Fuel Cell Vehicles Sold by Year-End 2017: Automaker Share (source: <a href=Information Trends)" draggable="false">

Hydrogen Fuel Cell Vehicles Sold by Year-End 2017: Automaker Share (source: Information Trends)