Hydrogen prices are close to parity with diesel
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
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