The electric vehicles (EV) and fuel cell vehicles (FCV) market
The electric vehicles (EV) and fuel cell vehicles (FCV) market is witnessing significant growth as global efforts to reduce emissions and promote sustainable transportation intensify. EVs and FCVs offer eco-friendly alternatives to traditional internal combustion engine vehicles. While electric vehicles rely on batteries for power, fuel cell vehicles use hydrogen to generate electricity, providing longer ranges and faster refueling times. Advancements in hydrogen infrastructure, government incentives, and improvements in fuel cell technology are key drivers of this market, positioning it for substantial expansion in the coming years.
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