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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The U.S. State Department approved a $2.7 billion military sale to Ukraine for air-defence development upgrades, along with related equipment and services, the department said. Meanwhile, Ukrainian authorities reported at least 10 people had died in Russian attacks over the last 24 hours.
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