logo
Stellantis Abandons Hydrogen Fuel Cell Development: 'Niche Segment'

Stellantis Abandons Hydrogen Fuel Cell Development: 'Niche Segment'

Motor 111 hours ago
Many people have considered hydrogen nothing more than a pipe dream from the very beginning. However, some automakers have insisted (and a few still do) that there is a future for electric vehicles with fuel cells instead of bulky batteries. Stellantis was determined to pursue hydrogen in the commercial vehicle segment, but pouring money into this technology has now come to an abrupt end.
Stellantis recognized that it needed to invest a significant amount of money to make
hydrogen
feasible. Even if it hadn't abandoned the effort, customers would still have faced a severely underdeveloped refueling infrastructure worldwide. The automotive conglomerate also believes governments should've put more effort into incentivizing this segment to drive down prices for consumers.
2025 Opel Vivaro Hydrogen
Photo by: Opel
When all is said and done, 'the hydrogen market remains a niche segment,' and there are 'no prospects of mid-term economic sustainability.' Not only is
Stellantis
ending its hydrogen development program, but it's also abandoning plans to launch hydrogen-powered workhorses this year. New models from the Pro One commercial division were supposed to enter production this summer, but that's no longer happening.
The plan was to build midsize vans in Hordain, France, and large vans in Gliwice, Poland. The silver lining is that Stellantis pledges not to reduce the workforce at the plants that were supposed to manufacture the hydrogen commercial vehicles. Additionally, the research and development team will pursue other projects unrelated to fuel cells.
In early 2024, when Stellantis was still betting on hydrogen, it said it would have eight fuel cell midsize and large hydrogen vans: Citroën ë-Jumpy and ë-Jumper, Fiat Professional E-Scudo and E-Ducato, Opel/Vauxhall Vivaro and Movano, and Peugeot E-Expert and E-Boxer.
While Stellantis is calling it quits, Toyota remains committed to hydrogen for the long haul. Aside from improving fuel cells with an upcoming third generation, it's also experimenting with
combustion engines that run on hydrogen
. The world's largest automaker is helping BMW bring its first series-production hydrogen car to market in 2028, potentially an SUV based on the next-generation X5.
2026 Hyundai Nexo
Photo by: Hyundai
Hyundai is not giving up on hydrogen either. It recently launched the new
Nexo crossover
and sees a future for fuel cell trucks such as the Xcient.
Honda has a next-generation fuel cell module that it will mass-produce from 2027, featuring 50% lower production costs and more than double the durability of its predecessor. The Japanese automaker also has a joint venture with General Motors, called Fuel Cell Systems Manufacturing LLC. The 70,000-square-foot FCSM facility, located in Brownstown, Michigan, manufactures fuel cells that are sold to either Honda or GM's Hydrotec division.
What about Volkswagen? Ex-CEO Thomas Schafer declared at the 2023 CES that the technology is not
feasible for passenger cars
, at least not in the foreseeable future: 'It's not competitive, especially not for passenger cars, the tanks take up space in the cabin. Maybe for commercial vehicles, but not in the passenger car. So, I don't see this happening in this decade. Not at Volkswagen.'
Even Renault's niche brand Alpine believes hydrogen has a place in the sports car world by taunting us with a supercar powered by a twin-turbo, 3.5-liter V-6 fueled by hydrogen. Renault itself cooked up a
rear-wheel-drive Emblème wagon concept
with a fuel cell and a rechargeable battery.
However, regardless of how much fuel cell technology advances, without a suitable refueling infrastructure, these efforts will be in vain.
Hydrogen Is Not Dead:
BMW Thinks the 'Timing Is Right' For Hydrogen. Is It Really?
Cummins Made a New Turbocharger for Hydrogen Engines
Source:
Stellantis
Share this Story
Facebook
X
LinkedIn
Flipboard
Reddit
WhatsApp
E-Mail
Got a tip for us? Email:
tips@motor1.com
Join the conversation
(
)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why ASML Stock Is Plummeting Today
Why ASML Stock Is Plummeting Today

Yahoo

time2 minutes ago

  • Yahoo

Why ASML Stock Is Plummeting Today

Key Points ASML published its second-quarter results before the market opened this morning and beat Wall Street's sales and earnings targets. ASML's performance outlook for this year looks strong, but management issued very cautious guidance for next year. The semiconductor equipment specialist is concerned that tariffs and geopolitical risk factors could stifle growth. 10 stocks we like better than ASML › ASML (NASDAQ: ASML) stock is getting hit with big sell-offs Wednesday following the company's recent earnings report. The semiconductor manufacturing equipment specialist's share price was down 7.8% as of 3:20 p.m. ET. The stock had been down as much as 11.2% earlier in the day's trading. ASML published its second-quarter results before the market opened this morning and actually posted sales and earnings for the period that beat Wall Street's targets. But despite strong performance in Q2, the company issued cautious forward guidance -- and investors are selling the stock in response. ASML stock sinks despite strong Q2 results ASML posted a net profit of 2.29 billion euros (roughly $2.66 billion) on sales of 7.7 billion euros (roughly $8.95 billion) in the second quarter. Meanwhile, the average analyst estimate had called for the business to record a profit of 2.04 billion euros on sales of 7.52 billion euros. Sales were up roughly 23% year over year, and the company posted a gross margin of 53.7% in the period. The tech specialist continued to see demand catalysts related to equipment sales for the manufacturing of artificial intelligence (AI) chips, but management issued a cautious outlook for next year. What's next for ASML? On the heels of the strong performance in the second quarter, ASML now expects that it will see annual revenue growth of roughly 15% and gross margin of approximately 52% this year. While those targets might otherwise have been cause for a valuation rally, management said that it could not confidently state that the business would grow next year. With tariffs and other macroeconomic and geopolitical risks, ASML isn't sure that there will be a sales expansion next year -- and investors are selling out of the stock in response to the disappointing guidance. Should you invest $1,000 in ASML right now? Before you buy stock in ASML, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and ASML wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $679,653!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,046,308!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 179% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 15, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML. The Motley Fool has a disclosure policy. Why ASML Stock Is Plummeting Today was originally published by The Motley Fool

Liverpool OVERTAKE Arsenal in €100m talks
Liverpool OVERTAKE Arsenal in €100m talks

Yahoo

time2 minutes ago

  • Yahoo

Liverpool OVERTAKE Arsenal in €100m talks

Liverpool have reportedly overtaken Arsenal in pursuit of a €100m forward. The Reds are now closest to making this happen. Luis Diaz has massively complicated things at Liverpool. The Colombian wasn't supposed to leave this summer or at the least, the Reds didn't think he would. Diaz isn't exactly an untouchable at Anfield but the idea that someone would pay his asking price seemed farfetched. And the to be fair, it has been. Barcelona and Bayern Munich have each pushed for Diaz in the last few weeks. Both failed to get anywhere near what Liverpool would want in order to sell. But now the winger has made it clear to Liverpool that he wants out. And that may well force their hand as offers continue to arrive. At the very least, it has the Reds seeking a replacement and they appear to have found a very high-profile one. Liverpool lead Rodrygo race AS claims Liverpool are now at the front of the queue for Rodrygo. The outlet mentions that the Reds view him as a replacement for Diaz, should he leave the club this summer. And so they'll fly in for talks about Rodrygo. A deal might be able to happen, even if Real Madrid want €100m for their player. Importantly, Arsenal - previously considered favourites to sign Rodrygo - are now 'more distant' in the race than Liverpool. The Reds have stolen a march on the Gunners, pushing to the front and now signing the Brazilian is a real possibility. But there is a way to go just yet. Liverpool won't sign Rodrygo unless Diaz leaves but that will take a large fee in order to cover signing the replacement.

Club Med Boss Says He's Been Ousted by Owner Fosun
Club Med Boss Says He's Been Ousted by Owner Fosun

Skift

time3 minutes ago

  • Skift

Club Med Boss Says He's Been Ousted by Owner Fosun

Henri Giscard d'Estaing has led the French tourism group since 2002 and through its sale to Chinese owners Fosun International in 2015. Club Med President Henri Giscard d'Estaing said Wednesday in a handwritten letter to employees that Fosun, the tourism group's main shareholder, has decided to appoint a new president. Giscard d'Estaing, 68, said he had been forced to end his duties as president of Club Med during a video conference reported on by Le Figaro. Fosun disputed Giscard d'Estaing's version of events, according to a statement sent to Agence France-Presse and reported by Le Monde. Last year, Club Med launched a succession process that is ongoing, the Chinese group said, Bloomberg reported. Giscard d'Estaing didn't reveal the name of the new president. A Club Med spokesperson didn't respond immediately to a request for comment. Tensions Over a Stock Market Listing A month ago, Henri Giscard d'Estaing told Le Figaro that he was trying to convince the Chinese group to bring Club Med back to the Paris Stock Exchange next year. In the letter on Wednesday, Giscard d'Estaing repeated his wish to see the group listed in Paris, claiming that Fosun had refused. He said Club Med needs international governance that respects its values and French roots. The group operates approximately 60 all-inclusive resorts worldwide, generating $2 billion in sales last year, France 24 reported. Giscard d'Estaing has led the brand since 2002 in a shift upmarket, and is the eldest son of a former French president, Valéry Giscard d'Estaing.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store