Carmaker Stellantis has scrapped plans to launch hydrogen-powered vehicles this year, citing weak market prospects, high investment costs, and insufficient refuelling infrastructure.
Stellantis announced on Wednesday that it would discontinue its hydrogen fuel cell programme, abandoning plans to roll out a new range of hydrogen-powered vehicles in 2025.
The group cited limited infrastructure, high capital requirements, and the absence of strong consumer incentives as the primary reasons behind the decision.
"The hydrogen market remains a niche segment, with no prospects of mid-term economic sustainability," said Jean-Philippe Imparato, chief operating officer for enlarged Europe.
He added that the company needed to make “clear and responsible choices” to stay competitive and better serve customer demand through its electric and hybrid vehicle lines.
Stellantis had initially scheduled the serial production of its Pro One range of hydrogen vans for the summer in Hordain, France, and Gliwice, Poland. However, the automaker now does not anticipate any significant market uptake of hydrogen vans before the end of the decade.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for 4 November, covering the latest developments you need to know.
U.S. Defense Secretary Pete Hegseth said on Tuesday that Washington would explore "flexibility" for American troops stationed in South Korea to address regional threats while maintaining the alliance’s core focus on deterring North Korea.
Chinese President Xi Jinping has pledged to boost mutual investment and deepen economic cooperation with Russia, as Moscow faces growing Western sanctions and trade pressure.
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