Market Share of Fuel Cell Electric Bus Industry
The major players in the market for fuel cell buses include Tata Motors Limited, Fuji Electric, SAFRA, Nuvera, and Proton Motor Fuel Cell GmbH. IVECO Group, Cummins Inc., Ballard Power Systems, NovaBus Corporation, New Flyer Industries Ltd., EvoBus, MAN, Van Hool, Hino Motors Ltd., and SunLine Transit Agency.
Many other players are partnering with players to develop fuel cell electric vehicle technology. For instance,
- In July 2022, Hyundai partnered with truck and bus maker Iveco Group to provide hydrogen fuel-cell systems for buses in Europe. According to the bus business unit of Iveco, the company planned to produce more than 3,000 zero- and low-emission buses at its plant in Foggia, southern Italy, beginning in 2023.
Fuel Cell Electric Bus Market Leaders
Ballard Power Systems
Nuvera Fuel Cells LLC
New Flyer Industries
Tata Motors Ltd
EvoBus GmbH
*Disclaimer: Major Players sorted in no particular order
