1、DEMYSTIF YING THE FUTURE OF HYDROGEN MOBILIT Y IN INDIAExploring the potential of hydrogen to fuel Indias growth2023We would like to also acknowledge Kanika Agarwal,who contributed in the review of this Report.BARNIK CHITRAN MAITRAManaging Partner,Strategy&OrganizationIndia&South AKARL MARKUS DOERRM
2、anaging Director,Vantiqo Consulting&Senior Advisor,Arthur D.LittleG PRATHAMESH CHAUDHARIPrincipal,Strategy,AutomotiveIAPAR SHARMABusiness AnalystIDR.ANDREAS SCHLOSSERPartner&Global Lead,AutomotiveGFABIAN SEMPFPrincipal,Technology&InnovationManagement,AutomotiveISUNAINA YADAVBusiness Analyst,Automoti
3、veI CONTENTEXECUTIVE SUMMARY 31.THE ADVENT OF HYDROGEN IN E-MOBILITY 62.WHERE THE WORLD STANDS ON HYDROGEN MOBILITY 83.INDIAS FORAY INTO HYDROGEN MOBILITY 114.COMPARING FCEVs&BEVs 125.ALTERNATIVE MOBILITY USES FOR HYDROGEN 176.WHAT THE FUTURE HOLDS FOR INDIA 182E-mobility has occupied a prominent po
4、sition in discussions centered on the future of transportation.During the last decade,battery-powered electric vehicles(BEVs)have become increasingly popular as sustainable mobility is advocated for worldwide.However,BEVs are plagued by their lack of renewable power and the strain they put on limite
5、d natural resources.These problems create a gap,which sustainable fuel can fill.Clean fuel and hydrogen,an abundant natural resource,have substantial potential in this space,which could be realized through fuel cell electric vehicles(FCEVs).FCEVs use a fuel cell to generate electricity from compress
6、ed gaseous or liquid hydrogen and do not produce harmful tailpipe emissions.A variety of use cases featuring FCEVs are emerging globally,and the implications of this technology and the growth opportunities it presents to India need to be explored.During the 21st century,various stakeholders have inv