"Comparing the life-cycle cost of hydrogen fuel-cell and battery-electric vehicles" The study from the International Council on Clean Transportation found that electric cars are expected to outsell hydrogen cars by 2030, based on current trends in technology, policy, and infrastructure. The study found that electric cars are expected to have a lower total cost of ownership and better performance, which will drive their adoption. But the study also noted that hydrogen cars could gain an advantage if they become more affordable and if there is greater investment in hydrogen infrastructure.

The hydrogen car market is growing as more concerns rise for electric cars. According to the Bureau of Transportation Statistics, about 727,000 electric-drive vehicles were sold in 2019. The global electric vehicle market size is expected to grow from $500.48 billion in 2023 to $ 1,579.10 billion in 2030, exhibiting a CAGR of 22.1% (2022-2030). Based on the Coherent Market Insights (CMI), it forecasted that the hydrogen fuel cell vehicle market will reach $47.0 billion by 2030 compared to $1.46 billion in 2022 exhibiting a CAGR of 54.3% (2023-2030). From those predicted data, I don’t believe that hydrogen cars will dominate the market and become more popular than electric cars in 2023 even with a higher CAGR.

While the current research focuses on hydrogen fuel cells, there are big challenges in its manufacturing process due to high cost and safety concerns, and therefore are not widely introduced into the regular offer. The only list of fuel cell vehicles available on the global market is shown in Table 1 below. Currently, electric cars are still considered the predecessor and have a significant market share (Turoń, 2019).