PE Live: Hydrogen closes gap on diesel parity
Scaling up production and infrastructure will lead to more competitive hydrogen pricing over next few years
Hydrogen vehicles could reach cost parity with diesel vehicles very shortly depending on geographical location, according to to speakers at a PE Live event on the use of hydrogen in haulage. As soon as cost parity is reached, the road transport sector could see a tipping point where investment flows suddenly start to move away from infrastructure and vehicles based on the internal combustion engine model. In some parts of the world the tipping point is already within reach, according to Craig Knight, CEO of hydrogen vehicle manufacturer Hyzon Motors. “Having the infrastructure build up becomes incredibly important for this to be a replacement for diesel” Wood, Cummins “In Australia

Also in this section
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets