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Europe Fuel Cell Electric Vehicle Market Size
The Europe fuel cell electric vehicle market size was valued at USD 192.9 million in 2024 and is estimated to register a CAGR of 23.8% between 2025 and 2034. The market's growth is propelled by the increasing adoption of FCEVs in sectors such as public transportation, logistics, and passenger vehicles, owing to their long-range capabilities and quick refuelling times.
To get key market trends
Government hydrogen strategies and national initiatives are important catalysts of the Europe Fuel Cell Electric Vehicle (FCEV) market. Many European countries have designed individual hydrogen plans that state distinct goals for their hydrogen mobility solutions. For instance, in November 2024, Germany’s government, via the KfW Development bank, committed €24 billion in orders to build a 9,000-long German hydrogen pipeline by 2032. This program will close the financial gap between initial costs of investment and lower initial revenues due to network charges, address affordability to users, and drive the adoption of hydrogen technology.
Europe Fuel Cell Electric Vehicle Market Report Attributes
Key Takeaway
Details
Market Size & Growth
Base Year
2024
Market Size in 2024
USD 192.9 Million
Forecast Period 2025 - 2034 CAGR
23.8%
Market Size in 2034
USD 1.18 Billion
Key Market Trends
Growth Drivers
Advancements in fuel cell technology
Government support & zero-emission mandates
Expansion of hydrogen refueling infrastructure
Rising demand for clean transportation
Increasing investment in green hydrogen
Pitfalls & Challenges
Underdeveloped hydrogen refueling infrastructure
High vehicle and infrastructure costs
What are the growth opportunities in this market?
Europe is heavily investing in infrastructure and technology in terms of hydrogen to accelerate growth in fuel cell electric vehicles (FCEVs). For instance, in February 2023, BMW introduced the iX5 Hydrogen into the real-world testing phase to showcase the practicality of hydrogen to be a potential, zero-emission solution across the automotive industry. This initiative fits well with Europe’s more general initiative of increasing the number of hydrogens refueling stations and production of hydrogen. Such initiatives are endorsed by the automakers and governments, for the purpose of commercialization of FCEVs. When the facilities get better, the availability of hydrogen-powered vehicles is likely to increase, thus accelerating the transition to sustainable and emissions-free transportation systems in Europe.
Europe Fuel Cell Electric Vehicle Market Trends
Advancements in fuel cell technology are significantly propelling the growth of the European fuel cell electric vehicle (FCEV) market. Innovations in proton exchange membrane fuel cells (PEMFCs) and solid oxide fuel cells (SOFCs) have led to improved efficiency, reduced reliance on expensive materials like platinum, and enhanced scalability for commercial applications.
For instance, SOFCs now achieve energy conversion efficiencies exceeding 60%, surpassing traditional combustion-based systems, which is particularly impactful in stationary power applications where reliability and efficiency are paramount.
For instance, in September 2024, BMW announced plans to launch its first hydrogen-powered vehicle by 2028, based on an existing BMW model but refitted with new hydrogen fuel cell technology developed in partnership with Toyota.
This initiative underscores the commitment of major automakers to diversify their zero-emission offerings and highlights the role of cross-industry collaborations in advancing fuel cell technology. Such developments are instrumental in the adoption of FCEVs across Europe.
European automakers manufacturers and global peers are investing in the next generation fuel cell systems that are more reasonable, longer-term and cheaper to construct. This trend is vital to the commercialization of the FCEVs and helping in spillover to the passenger and the heavy-duty vehicle markets in Europe. For instance, Toyota in February 2025, announced its third generation of a fuel cell system, an indication of great margin for change in durability, as well as the efficiency and cost effectiveness of a fuel cell system. Its efficiency is 20% more and durability is double that of its predecessor and it is more compact and cost-effective in addition to this. Such advancements are very important to ease the use and application of hydrogen power vehicles in commercial and passenger carriage use.
The European FCEV market consists of numerous strategic collaborations to increase the production of fuel cells sufficient for the demanding zero-emissions transportation system. Technology partnerships with major manufacturing companies are also key to this trend, enabling front-end manufacturing and streamlining of supply chain logistics of next-generation fuel cell solutions.
For instance, in June 2023, the PowerCell Sweden AB and Bosch agreed to work on the S3 fuel stack which would ramp up the production capacity by a country mile. In this partnership, 100 kW fuel cell stacks production will be carried out in Bosch production plants in Germany while PowerCell is to be provided with the required stacks by the same company to startup its plant in Gothenburg, Sweden. This enables PowerCell to solely focus on developing complete fuel cell systems for the marine and aviation industries as well as power generation and off-road sectors.
Trump Administration Tariffs
OEM manufacturers in Europe such as Volkswagen, BMW and Mercedes will experience greater cost when exporting their FCEVs to the US because of the imposed 25% tariff. This situation may well be transferred to consumers, which would make FCEVs in Europe relatively more expensive than their counterparts manufactured in the United States.
Therefore, manufacturers operating from Europe are likely to experience a possibility of reducing sales within the United States market, thereby noting the need to adjust effect changes as a result of tariffs.
The specified tariffs are in details anticipated to distort the integrated transatlantic automotive supply that involves the transport of components and finished vehicles between Europe and the United States. This would also imply a disruption that would affect production, increase operating costs and add logistics issues for European manufacturers of FCEVs. This may force companies to look for other supply channels or opt for domestication of some products to avoid tariffs.
The enhancement of tariffs by the United States may compel the European Union to seek revenge through imposing tariffs thus enhancing the tension between the two blocs of trade. That can lead to an expansion of trade tensions and can influence not only the automotive market, but the others as well. These tensions may have led to uncertainty and decreased cooperation in the European FCEV market and slow down the development of hydrogen technology investments.
Europe Fuel Cell Electric Vehicle Market Analysis
Learn more about the key segments shaping this market
Based on Vehicle, Europe market is categorised into passenger cars (hatchbacks, sedans, SUVs), and commercial vehicles (light commercial vehicles, medium commercial vehicles, and heavy commercial vehicles). The commercial vehicles segment dominated the market with revenue of USD 115 million in 2024.
In the European fuel cell electric vehicle (FCEV) market, commercial vehicles—including light, medium, and heavy-duty trucks and buses—have emerged as the dominant segment. This trend is driven by the operational advantages of hydrogen fuel cells, such as extended driving ranges and rapid refueling times, which are particularly beneficial for long-haul transport and intensive urban logistics. Moreover, stringent European Union regulations aimed at reducing carbon emissions have accelerated the adoption of zero-emission commercial vehicles, positioning hydrogen-powered options as a viable solution for fleet operators.
The expansion of hydrogen refueling infrastructure across Europe further supports this growth. As of 2023, over 228 hydrogen refueling stations have been established, with plans to increase this number to 1,000 by 2025. This rapid development is crucial for the operational feasibility of FCEVs, especially in commercial applications where downtime must be minimized. Countries like Germany, France, and the Netherlands are leading these efforts, creating a conducive environment for the proliferation of hydrogen-powered commercial fleets.
For instance, in March 2024, when Wrightbus, a Northern Ireland-based bus manufacturer, announced plans to supply up to 1,000 zero-emission buses across the UK. This initiative includes the development of hydrogen-powered models capable of covering up to 1,000 kilometers on a single refueling. The company's investment in hydrogen technology and commitment to expanding its workforce underscore the growing emphasis on sustainable public transportation solutions in Europe.
The European Hydrogen Backbone Project, of developing hydrogen pipeline in Europe is a major move towards supporting FCEVs. This is expected to facilitate the expansion of the hydrogen fueling stations that are available to the consumers.
For instance, April 2024, Air Products was granted funding from the Ministry of Economic Affairs, Industry, Climate Protection, and Energy of North Rhine-Westphalia for constructing two large scale publicly accessible hydrogen refueled stations in Duisburg and Meckenheim, Germany. These stations are kind of a part of the region’s plan of having 200 hydrogen fueling stations by the year 2030 to meet the increasing demand of hydrogen-powered vehicles.
Learn more about the key segments shaping this market
Based on Fuel Cell, the Europe fuel cell electric vehicle market is categorised into proton exchange membrane fuel cells (PEMFC), phosphoric acid fuel cells (PAFC), solid oxide fuel cells (SOFC), and others. The proton exchange membrane fuel cells (PEMFC) segment dominated the market with the market share of 62% in 2024
European FCEV markets are led by proton exchange membrane fuel cells (PEMFC) due to their high efficiency, reliability, and compact design, making them ideal for automotive applications. PEMFCs offer rapid refueling, low operating temperatures, and long lifespan, which are crucial for passenger vehicles like those from Toyota and Hyundai.
PEMFCs operate at lower temperatures and offer rapid start-up, high power density, and compact design, making them ideal for passenger and commercial vehicles. Their compatibility with daily automotive use cases and ability to integrate into existing vehicle platforms make them the preferred choice for European OEMs targeting fuel cell-based transportation.
For instance, in August 2024, BMW announced plans to launch its first hydrogen-powered vehicle by 2028, developed in collaboration with Toyota. This initiative aims to integrate hydrogen fuel cell technology into existing BMW models, highlighting the practicality and efficiency of PEMFCs in passenger vehicles. The partnership underscores the automotive industry's commitment to diversifying zero-emission solutions beyond battery electric vehicles.
European companies like BMW and Daimler have also invested in PEMFCs in EU projects as well as in Germany's hydrogen strategy, such as funding of projects like "H2Haul". The objective of the projects is to use PEMFC buses and trucks, but also to become knowledgeable about making PEMFC technology financially viable. Institutional support is very powerful, and grants to help reduce the production cost; this also acts as an argument for making PEMFCs available in the domestic market.
For instance, H2 Mobility signed an agreement with Daimler Buses in October 2024 to build hydrogen refueling infrastructure in Germany. The companies were partners in the project efforts since they wanted to consider installing hydrogen refueling stations along the transportation companies' routes and to accelerate the transition to hydrogen-powered buses. The PEMFC cars are simple and convenient to establish and can all be integrated as part of the local public transportation.
Based on range, Europe fuel cell electric vehicle market is categorised into short range (below 250 miles), medium range (250 - 500 miles), and long range (above 500 miles). The medium range (250 - 500 Miles) segment dominated the market in 2024.
Fully battery electric with a range of 250 to 500 miles is the most conventional one because it provides a balance between the range covered and the costs. This range fits well within the needs of both first mile to last-mile transportation purchasers, going out and coming back to work, and intercity affording with the continent’s development necessities of hydrogen refuelling stations and the continuing shift to environmentally friendly transport means.
Currently, there has been a surge of FCEVs in the European market due to the social pressuring to adopt sustainable modes of production as well as the set environmental legal requirements. Medium range FCEVs are thus the most suitable for use by vehicle fleet operators given their cost-performance balance and capacity in satisfying both short- and medium-range NECs. This trend will help to propel the medium-range segment in the future.
For instance, in February 2024, Deutsche Post DHL Group have planned to incorporate 1,000 hydrogen-powered delivery vans by the end of 2025 and out of those only a few are currently in the heavy-duty range. This step is part of the company’s journey toward decarbonization and the scaling up of its use of sinkage of MR FCEVs by companies.
The potential for hydrogen production is rising in Europe, thanks to the EU’s strategies, including the Green Deal, and hydrogen fuel is becoming cheaper as a result. The availability of cheap hydrogen means that the medium-range FCEVs become commercially viable in the market. This, along with the expanding fuelling infrastructure contributes to the major share of medium range segment in Europe.
For example, in May 2024, the European Commission has considered 720m euros for subsidies in renewable hydrogen projects with emphasis on Spain, Portugal, Norway, and Finland. It will contribute to a required production of 1.58 million tonnes of green hydrogen yearly by 2030, envisaged by the EU. The projects were chosen based on the general policy of renewable energy as well as competitive bids.
Looking for region specific data?
Western Europe dominates the fuel cell electric vehicle market in the Europe fuel cell electric vehicle market with a major share of over 36% and Germany led the market in the region and was valued at around USD 29.1 million in 2024.
Investment on FCEVs will be inclined towards Germany as it is ranked second largest single market for electric vehicles after China during the forecast period. The development of FCEVs has been supported by favorable government policies as well as many large market players, this promising to further improve the market. First, Germany, home to one of the most ambitious hydrogen plans in Europe, set its target of 5GW of green hydrogen production capacity by 2030 and additional 5GW in 2035-40, thus reaffirming its position as the main exporter and technology leader.
The FCEV market is also emerging in Germany significantly through commercial vehicle manufactures, with increased market innovation and globalization. For instance, in August 2024, Hyundai Motor Company declared to start exporting as many as 27 of its XCIENT Fuel Cell trucks to Germany. These are large vehicles with a power output of 180 kilowatts and seven hydrogen storage tanks and three battery packs to power different industries including retail, logistics, and manufacturing. Not only this move is a win for Germany for the objective of clean transportation, but it also makes a strong addition to the overall standing of Hyundai’s XCIENT Fuel Cell series in the European region.
Major auto players in Germany such as Audi and BMW are escalating their efforts to shift to non-fossil fuel consumption through adopting hydrogen fuel cell technology as part of their future mobility plans. Even as both firms are developing hydrogen vehicle prototypes as a part of the battery-electric mix, BMW has been the most aggressive in promoting hydrogen among the German car manufacturers. BMW has set its strategic goal of introducing a car for the broad consumer audience powered by hydrogen by 2030 BMW development plans correlate with the hydrogen policies of Europe, especially Germany where there is strong industry and consumers’ base.
The Munich-based premium carmaker has already introduced a hydrogen-powered prototype based on its X5 SUV, a project partially supported by German government funding. This initiative underscores BMW’s commitment to sustainable innovation and highlights its strategic foresight in anticipating future market shifts toward diversified zero-emission technologies.
The growth forecast for the fuel cell electric vehicle market in UK in Northern Europe region from 2025 to 2034 is highly encouraging.
Currently, the UK government is aiming at achieving net zero carbon emission in all sectors and it has included hydrogen as one of the key components of its climate change strategy. The Hydrogen Strategy set by the government of the UK is very much focused on the following targets that brought by the hydrogen economy and hydrogen as a crucial factor for the transport sector. This they did through offering subsidies on the adoption of vehicles and the development of refueling facilities.
Subsidies and grants for FCEV and necessary infrastructure in the UK positively impact on the market by making hydrogen vehicles even more accessible for manufacturers. Support to bring about the long-term sustainability and market attractiveness of hydrogen vehicles in the UK lies with the government.
For instance, in March 2024, a collaboration with Metrobus and the West Sussex County Council, Surrey County Council, Kent County Council and London Gatwick got over £24 million in government funding to launch 43 hydrogen buses in Sussex, Surrey, and Kent. This synchronizes well with the bigger picture of decarbonizing the UK and emphasizes the governments’ active participation in the transition to AVs.
Furthermore, the UK has many automobile industries such as Jaguar Land Rover, which is developing hydrogen fuel cell technology. For example, Jaguar Land Rover is interested in hydrogen vehicles and includes them in the larger plan for green cars. Nissan and Hyundai are among other firms that have developed a competitive position in the UK, seeking to launch affordable hydrogen-powered vehicles. These manufacturers serve not only the South Korean market but also export hydrogen technologies. The UK automotive industry’s interest in FCEVs contributes to the advancement of technology and the development of the market in Northern Europe.
In addition, the UK is one of the world’s leading countries in the use of hydrogen-powered automobiles especially in public and commercial domains. Hydrogen powered buses, trucks and other vehicles have been developed thus opening the flood gates for consumers to come in.
As some of the cities such as London have adopted hydrogen buses for their fleets, the UK has become an example for other nations. For instance, September 2024 saw Surrey County Council introduced a fleet of 34 new emission-free hydrogen fuel cell buses in its bid to embrace a green transport system.
Moreover, there is a rising interest in the use of hydrogen in commercial vehicles mainly because companies want to make some green investment. It allows the market to be developed early, hence rapid growth of a market due to enhancements in infrastructure and technology. This action makes the UK able to maintain its position as one of the leading markets for Northern European FCEV.
The growth forecast for the fuel cell electric vehicle market in Italy in Southern Europe region from 2025 to 2034 is highly encouraging.
Italy has emerged as a prominent player in the Southern Europe fuel cell electric vehicle (FCEV) market, driven by its commitment to decarbonizing transport and advancing hydrogen mobility. The Italian government has introduced national plans to support hydrogen as a key element of its energy transition, including significant investments in hydrogen infrastructure and R&D.
These initiatives are fostering favorable conditions for FCEV adoption across passenger and commercial segments. Italy’s strategic location and robust automotive supply chain further strengthen its position in the European FCEV market landscape.
The country is focusing on building a comprehensive hydrogen refueling network to support the deployment of FCEVs, especially along major transportation corridors. With multiple pilot projects launched for hydrogen buses and commercial fleets in cities such as Milan and Bolzano, Italy is actively encouraging municipal adoption of fuel cell technology. Collaborations between energy providers and automotive OEMs are also accelerating the rollout of hydrogen-powered mobility solutions nationwide.
Italy's emphasis on sustainable urban mobility and EU-backed funding for clean transport initiatives are boosting FCEV uptake. The government’s National Recovery and Resilience Plan (NRRP) allocates resources specifically for hydrogen development, including the deployment of FCEVs in logistics and public transport. These policy-driven efforts, combined with growing awareness of zero-emission transport, position Italy as a regional leader in the FCEV sector.
Europe Fuel Cell Electric Vehicle Market Share
The top 5 companies of Europe fuel cell electric vehicle industry are Honda Motor Co., Ltd., Hyundai Motor Company, BMW Group, Toyota Motor, Renault. They collectively hold a market share of over 53% in the market.
Honda has been a pioneer in hydrogen fuel cell technology, with its Clarity Fuel Cell vehicle being a notable example. The company is also involved in expanding hydrogen refueling infrastructure in Europe through initiatives like the H2 Mobility project in Germany and the UK. These efforts aim to enhance the accessibility and convenience of hydrogen refueling, supporting the broader adoption of FCEVs in Europe.
Hyundai Motor Company is rapidly expanding its hydrogen vehicle portfolio in Europe through the NEXO SUV and fuel cell-powered commercial vehicles like the XCIENT truck. The company has partnered with European governments and private players to establish hydrogen corridors and refueling stations. Hyundai's strategy focuses on providing both consumer and fleet-level solutions, reinforcing its position as a full-spectrum mobility provider. The company’s commitment to decarbonization and investment in hydrogen logistics is solidifying its presence in Europe’s growing FCEV market.
BMW Group is taking a long-term strategic approach to hydrogen mobility, viewing fuel cell technology as a critical complement to battery-electric vehicles. The company recently launched the BMW iX5 Hydrogen, a limited-production FCEV based on its X5 SUV platform, developed in collaboration with Toyota.
BMW’s hydrogen program is geared toward larger vehicles and long-distance applications, where fuel cells offer advantages over batteries in terms of range and refueling time. While the company is currently focused on small-series production, it aims to scale up deployment in alignment with growing hydrogen infrastructure and evolving market demand.
Toyota Motor Corporation is a global leader in hydrogen fuel cell technology and a key player in Europe’s FCEV market. The company is best known for its Toyota Mirai, one of the world’s first mass-produced hydrogen fuel cell electric vehicles (FCEVs), which has gained significant popularity in Europe due to its long range and quick refueling capabilities.
Beyond passenger cars, Toyota has expanded its hydrogen technology into commercial applications through partnerships with European automakers like CaetanoBus, producing hydrogen-powered buses for public transportation. The company is also actively involved in building hydrogen infrastructure across Europe through collaborations with energy companies and government initiatives, further solidifying its commitment to making hydrogen a mainstream solution for zero-emission mobility
Renault is at the forefront of integrating hydrogen technology into light commercial vehicles (LCVs) through its joint venture, HYVIA, with Plug Power. HYVIA focuses on providing a complete ecosystem for hydrogen mobility, including fuel cell-powered LCVs, green hydrogen production, and refueling stations across Europe. This initiative positions Renault as a key contributor to the decarbonization of transportation in Europe, particularly in urban logistics.
Honda has been a pioneer in hydrogen fuel cell technology, with its Clarity Fuel Cell vehicle being a notable example. The company is also involved in expanding hydrogen refueling infrastructure in Europe through initiatives like the H2 Mobility project in Germany and the UK. These efforts aim to enhance the accessibility and convenience of hydrogen refueling, supporting the broader adoption of FCEVs in Europe.
Europe Fuel Cell Electric Vehicle Market Companies
Major players operating in the Europe fuel cell electric vehicle industry include:
BMW
Daimler
Honda Motor
Hopium
Hyundai Motor
Iveco Group
Renault
Riversimple
Toyota Motor
The Europe fuel cell electric vehicle (FCEV) market is experiencing significant growth due to continuous technological advancements, expanding hydrogen infrastructure, and the increasing push for eco-friendly transportation solutions. Key drivers include breakthroughs in fuel cell efficiency, hydrogen storage capabilities, and the broader development of a hydrogen economy, which all contribute to the growing appeal of FCEVs.
In addition, key advancements in the fuel cell technology space are enhancing the overall performance of FCEVs. Research into high-performance catalysts, such as platinum-group metal (PGM)-free catalysts, is lowering costs and improving fuel cell efficiency. Moreover, advancements in materials science, including the development of solid-state hydrogen storage systems and improved membrane electrode assemblies (MEAs), are allowing for better fuel utilization and longer vehicle ranges. These innovations are crucial in making FCEVs a viable alternative to traditional combustion-engine vehicles and battery-electric vehicles (BEVs).
European governments are setting ambitious decarbonization targets and offering incentives for clean energy adoption. This includes regulations that require automakers to reduce the carbon footprint of their fleets, effectively pushing the transition to alternative powertrains, including fuel cells. The regulatory environment is increasingly favorable for FCEVs, which produce zero emissions and thus contribute to meeting Europe’s carbon neutrality goals by 2050. The growing emphasis on sustainable transport solutions drives consumer demand and accelerates the adoption of FCEVs.
Collaboration between automakers, energy companies, and government bodies is key to scaling hydrogen infrastructure and promoting the development of FCEVs. Strategic alliances, such as the cooperation between Toyota and Shell to establish hydrogen refueling stations, are driving the transition to a sustainable hydrogen economy. These partnerships are vital for ensuring a smooth and efficient roll-out of hydrogen vehicles and infrastructure, positioning the FCEV market for significant growth across Europe.
Europe Fuel Cell Electric Vehicle Industry News
In February 2025, Toyota Motor Corporation announced the development of its third-generation fuel cell system, enhancing performance and efficiency for a wide range of applications, including commercial vehicles. This advancement aligns with Toyota's commitment to a hydrogen-based society, offering zero-emission solutions across various sectors. The new system is designed to be more compact, versatile, and cost-effective, supporting Toyota's broader strategy to achieve carbon neutrality through diversified energy solutions.
In February 2025, DHL Group and Scania have jointly introduced an Extended Range Electric Vehicle (EREV) designed to bridge the gap between fully electric trucks and the current limitations of charging infrastructure. The EREV combines a battery-electric drivetrain with a fuel-powered generator, enabling 80–90% operation on renewable electricity.
In January 2024, Stellantis announced the commencement of in-house, industrial-scale production of hydrogen fuel cell vans at its Hordain (France) and Gliwice (Poland) facilities. This expansion includes both mid-size and large vans, offering ranges of up to 400 km and 500 km respectively, with refueling times of 4–5 minutes. The initiative reinforces Stellantis' leadership in zero-emission commercial vehicles in Europe and aligns with its Dare Forward 2030 strategic plan for sustainable mobility
In September 2022, Volvo Trucks announced the commencement of testing for its fuel cell electric trucks, which emit only water vapor and offer an operational range of up to 1,000 km comparable to conventional diesel trucks. A second pilot phase is scheduled in the coming years, involving customer trials on public roads. Commercial testing with selected customers in Northern Europe is set to begin in 2025, with plans to expand deployments to additional countries thereafter
In May 2022, Daimler Buses announced its strategic commitment to offering locally CO2-neutral vehicles powered by battery-electric and hydrogen fuel technologies across all product segments by 2030. The company will initially focus on the European and Latin American markets. As part of this transition, Daimler Buses confirmed that it will not invest in Euro VII diesel technology, instead aligning with the dual track decarbonization strategy of its parent company, Daimler Truck, to prioritize sustainable mobility solutions.
The Europe fuel cell electric vehicle market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue ($Bn) and volume (Units) from 2021 to 2034, for the following segments:
to Buy Section of this Report
Market, By Fuel Cell
Proton exchange membrane fuel cells (PEMFC)
Phosphoric acid fuel cells (PAFC)
Solid oxide fuel cells (SOFC)
Market, By Vehicle
Passenger vehicles
Hatchback
Sedan
SUV
Commercial vehicles
Light commercial vehicles (LCV)
Medium commercial vehicles (MCV)
Heavy commercial vehicles (HCV)
Market, By Range
Short Range (below 250 Miles)
Medium Range (250 - 500 Miles)
Long Range (above 500 Miles)
The above information is provided for the following regions and countries:
Europe
Western Europe
Germany
France
Netherlands
Belgium
Switzerland
Austria
Luxembourg
Liechtenstein
Ireland
Eastern Europe
Poland
Czech Republic
Portugal
Serbia
Albania
Slovakia
Romania
Slovenia
Bulgaria
Estonia
Northern Europe
UK
Denmark
Sweden
Norway
Iceland
Faroe Islands
Southern Europe
Italy
Spain
Vatican City
San Marino
Greece
Cyprus
Author: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :
Which segment dominated the Europe fuel cell electric vehicle industry in 2024?+
The commercial vehicles segment led the market with USD 115 million in revenue in 2024.
Who are some of the prominent players in the Europe fuel cell electric vehicle market?+
Key players include BMW, Daimler, Honda Motor, Hopium, Hyundai Motor, Iveco Group, Renault, Riversimple, and Toyota Motor.
Which region dominated the Europe fuel cell electric vehicle industry?+
Western Europe dominated the market with over 36% share, and Germany led the region with a market value of around USD 29.1 million in 2024.
How big is the Europe fuel cell electric vehicle market?+
The Europe market size for fuel cell electric vehicle was valued at USD 192.9 million in 2024 and is projected to grow at a CAGR of 23.8% from 2025 to 2034.