CleanTechnica•1 day ago
Hydrogen Dreams, Fiscal Nightmares: South Korea’s Stubborn Bet on FCEVs
Key Takeaway
The significant decline in FCEV sales underscores the challenges and risks associated with developing hydrogen demand, particularly in the transportation sector, which impacts investment decisions for hydrogen production and infrastructure.
AI Summary
- •Global FCEV sales plummeted in 2025 (under 9,000 in 9 months), indicating a significant failure of hydrogen as a light-duty transport fuel.
- •The shrinking FCEV market signals a lack of viable demand for hydrogen in a key sector, potentially impacting the economic viability of hydrogen production projects.
- •South Korea's continued, 'stubborn' policy support for FCEVs highlights a disconnect between government strategy and market realities in hydrogen adoption.
- •Developers considering hydrogen production or infrastructure projects should be wary of relying on FCEV demand, and large loads exploring hydrogen for fleet decarbonization should re-evaluate FCEV viability.
Topics
policyemissionsoemfinancing
Article Content
Global hydrogen vehicle sales have fallen sharply again in 2025. Passenger and commercial markets that were once seen as the proving grounds for fuel-cell technology are shrinking fast. According to SNE Research, fewer than 9,000 hydrogen vehicles were sold worldwide in the first nine months of the year, down from ... [continued] The post Hydrogen Dreams, Fiscal Nightmares: South Korea’s Stubborn Bet on FCEVs appeared first on CleanTechnica .