Fuel cell system prices to drop 77% in 10 years, says new report

An Interact Analysis Report  predicts that the price of fuel cell systems, currently found almost uniquely in fuel cell buses, will decline dramatically (in $/KW) as their application spreads in a range of heavy-duty vehicles.
Fuel cell systems cost a hefty $96,000 in 2020, but 2030 prices are predicted to average 23% of this figure – a more dramatic decline than any other component in the report.
The report also forecasts the price of electrified powertrains,  showing that the average cost of the powertrain for a full electric medium or heavy duty truck will drop from $105,000 in 2019 to $50,000 in 2030.
VAI Capital is technology agnostic, understanding that different low-emissions technologies are better suited to different applications. It is promising to read this latest report which predicts that wider-spread applications of both plug-in electric and fuel-cell technologies will drive prices down further, improving the business case for each and allowing the best-suited technologies to remain competitive.
 

Read more here:

https://www.sustainable-bus.com/news/electrified-powertrains-trucks-bus-report/
https://www.interactanalysis.com/download/electrified-truck-and-bus-powertrain-pricing-and-architecture/

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