Global hydrogen fuel cell vehicle sales will drop by 30.2% in 2023, while the Chinese market will grow against the trend

According to data from South Korean research institute SNE Research, the global registered sales of hydrogen fuel cell vehicles in 2023 will be 14,500, a year-on-year decrease of 30.2%, showing negative growth. However, the Chinese market has shown a trend of counter-trend growth, especially hydrogen commercial vehicles, and its market share ranks first after the global electric vehicle market.