Market Share of Analysis of Fuel Cell Electric Vehicles in North America
None of the players has started offering any of its product lines in the fuel cell vehicle, which marks the early stage of development of the market. Companies including Toyota Motor Corporation, Hyundai Motor Company, Honda, Nikola Corporation, and Daimler AG are some of the key potential players anticipated to tap the fuel cell electric vehicle market in the coming years under the passenger car segment.
Moreover, several strategies have been adopted by the players to robust their offering over the past years, including Toyota launching Mirai LE and XLE in 2022 to resonate strong demand for fuel cell vehicles. In addition, Hyundai Nexo has also rolled into the US market, which came as a key factor in fueling the demand across North America.
North America Fuel Cell Electric Vehicles Market Leaders
Toyota Motor Corporation
Hyundai Motor Company
Stellantis NV
Nikola Corporation
Honda Motor Co., Ltd.
*Disclaimer: Major Players sorted in no particular order
