Hydrogen is becoming increasingly competitive with petrol and diesel
Hydrogen will reach diesel parity in 2025 – Sinopec
Fleet operators will have compelling reason to switch to hydrogen trucks as costs continue to fall
Fuel cell electric vehicles (FCEVs) are expected to be cost-competitive with traditional vehicles running on petrol and diesel by the end of this decade, according to a researcher at China’s biggest hydrogen producer. An inflection point will be reached in 2025, when the cost of producing hydrogen using renewable energy in China looks set to fall below RMB30/kg ($4.69/kg), meaning it will have reached parity with diesel, according to a presentation by Jiang Ning, chief expert at Sinopec Marketing, at the China International Oil and Gas Trade Congress in Shanghai. This will offer fleet operators a more compelling case to switch to FCEVs. Parity with trucks running on petrol will come in 2030,
Also in this section
4 February 2026
Europe’s largest electrolyser manufacturers are losing patience with policymakers as sluggish growth in the green hydrogen sector undermines their decision to expand production capacity
2 February 2026
As a fertiliser feedstock, it is indispensable, but ammonia’s potential as a carbon-free energy carrier is also making it central to global decarbonisation strategies
28 January 2026
The development of hydrogen’s distribution system must speed up if the industry is to stand any chance of grabbing a meaningful slice of the low-carbon energy market
14 January 2026
Continent’s governments must seize the green hydrogen opportunity by refining policies and ramping up the development of supply chains and infrastructure
