Truck makers to opt for hydrogen fuel cell technology ahead of tough new EU emission targets, says report


 

Truck manufacturers are investing in hydrogen fuel-cell technology to develop zero-emissions trucks in order to avoid paying hefty penalties for non-compliance with carbon-emission reduction targets from 2025, according to a report by credit rating firm Fitch Ratings. The strategy is being driven by the EU’s recent adoption of emission standards and targets for HGVs to help meet carbon-neutrality targets by 2050. These include a 15% average reduction in emissions from 2025 and a 30% reduction from 2030, compared to current […]