Also end of hydrogen vuses
Stellantis, the parent company of brands such as Opel, Peugeot, Citroën, Alfa Romeo, Jeep and Fiat, stops his activities in the field of hydrogen technology. The production of hydrogen -driven commercial vehicles will also be announced on Wednesday.
According to Stellantis, the decision was taken due to the limited availability of hydrogen filling stations, the required high investments and the lack of sufficient purchase grants for customers.
“The hydrogen market remains a niche segment, without prospects for economic profitability in the medium term. We must make clear and responsible choices to ensure our competitiveness,” says a statement. According to the company, the decision has no influence on the workforce of the Stellantis production locations.
Stellantis is co-owner of Symbio, a producer of hydrogen fuel cell systems. What the decision means for this company is still unclear.
End of Hydrogen Vans As Well
Stellantis, The Parent Company of Brands Such As Opel, Peugeot, Citroën, Alfa Romeo, Jeep, And Fiat, is stopping its activities in the field of hydrogen technology. The Production of Hydrogen-Powered Commercial Vehicles Will also BE Discontinued, The Company Announced on Wednesday.
Accordance to Stellantis, The Decision was Made Due to the Limited Availability of Hydrogen Filling Stations, The High Investments Required, and the Lack of Sufficient Purchase Subsidies for Customers.
“The hydrogen market remains a niche segment, with no prospect of economic profitability in the medium term. We must make clear and response choices to Ensure Our Competitiveness,” The Statement Said. Accordance to the company, the decision has no impact on the workforce at Stellantis’ Production Locations.
Stellantis is co-owner or Symbio, A producer or hydrogen fuel cell systems. What the Decision Means for This Company is Still Uncleear.