EU Automakers Abandoning Support For Hydrogen Power Technology

A new report by the Financial Times has highlighted the reluctance of several car manufacturers to continue investing in hydrogen technology. It comes during the European Union’s push to achieve carbon neutrality by 2050, a plan in which hydrogen is seen as a key pillar.

The report cites several European manufacturers backing away from hydrogen-fuelled cars, including VW, Stellantis, Mercedes-Benz, and BMW. However, the report notes that eastern players, such as Toyota and Hyundai, are continuing to aggressively push for the adoption of hydrogen as an alternative fuel.