China, the World's Largest Hydrogen Vehicle Market in 2023

Transportation & Logistics

Lite

Adi Ahdiat 23/02/2024 18:57 WIB

URL has been copied

Memuat...

According to SNE Research data, China was the world's largest market for hydrogen fuel cell electric vehicles (FCEVs) in 2023.

Global Hydrogen/FCEV Electric Vehicle Sales Volume by Country (2023)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

China, the World's Largest Hydrogen Vehicle Market in 2023

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Global Hydrogen/FCEV Electric Vehicle Sales Volume by Country (2023)

Download

Source

A Small Font
A Medium Font
A Bigger Font

China became the world's largest market for hydrogen fuel cell electric vehicles (FCEVs) in 2023.

This is according to a report by SNE Research, a South Korean renewable energy research firm.

According to SNE Research, FCEV sales in China reached 5,600 units in 2023, representing 38.8% of global sales.

The next largest markets were South Korea, the United States, Europe, and Japan, with sales figures as shown in the graph.

Cumulatively, total global FCEV sales in 2023 reached 14,450 units. This represents a 30% decrease compared to 2022 (year-on-year).

"The main reason for this decline is the slump in FCEV sales in South Korea, which was the number one FCEV market share in 2022," said the SNE Research team in its press release (February 15, 2024).

"Due to increasing hydrogen refueling costs, incidents of damage, and a lack of hydrogen refueling infrastructure, FCEVs have lost their appeal in the eco-friendly vehicle market," they said.

However, SNE Research projects that FCEV sales could strengthen again in 2024, driven by the construction of hydrogen refueling infrastructure in China, and the launch of new FCEV models from major manufacturers such as Toyota, Honda, and Hyundai.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

Mount Semeru Erupts Again This Afternoon, Ash Plume Around 1,000 Meters High

Mount Ibu Erupts Again This Afternoon (Friday, December 5, 2025)

Mount Semeru Erupts Again This Afternoon (Friday, December 5, 2025)

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Latest Data Stories

Population of Male Cattle Suitable for Slaughter, Period 2013-2024 Demographics 05/12/2025, 17:08 WIB

Mount Semeru Erupts Again This Afternoon, Ash Plume Around 1,000 Meters High Demographics 05/12/2025, 16:34 WIB

Mount Ibu Erupts Again This Afternoon (Friday, December 5, 2025) Demographics 05/12/2025, 16:20 WIB

Food Prices Today, December 05, in West Sumatra: Onions Up, Bird's Eye Chili Down Economics & Macro 05/12/2025, 16:18 WIB

Historical Data of Average Wages in West Papua, 2018-2023 Employment 05/12/2025, 16:15 WIB

Mount Semeru Erupts Again This Afternoon (Friday, December 5, 2025) Demographics 05/12/2025, 16:04 WIB

Download

Source

China, the World's Largest Hydrogen Vehicle Market in 2023

China, the World's Largest Hydrogen Vehicle Market in 2023

Tags

Related Data

Mount Semeru Erupts Again This Afternoon, Ash Plume Around 1,000 Meters High

Mount Ibu Erupts Again This Afternoon (Friday, December 5, 2025)

Mount Semeru Erupts Again This Afternoon (Friday, December 5, 2025)

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Latest Data Stories

Popular Data

China, the World's Largest Hydrogen Vehicle Market in 2023

China, the World's Largest Hydrogen Vehicle Market in 2023

Tags

Related Data

Mount Semeru Erupts Again This Afternoon, Ash Plume Around 1,000 Meters High

Mount Ibu Erupts Again This Afternoon (Friday, December 5, 2025)

Mount Semeru Erupts Again This Afternoon (Friday, December 5, 2025)

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Latest Data Stories

Trending Topics

Popular Data