Stellantis is ending efforts to develop hydrogen vehicles, shifting resources to electric cars and hybrids to meet EU’s tougher emissions standards. The move by the owner of the Peugeot, Fiat and Opel brands also means only a handful of carmakers, including Toyota, Hyundai and BMW, remain committed to expanding the use of hydrogen fuel cells as higher costs impede widespread development outside of China.
“The hydrogen market remains a niche segment, with no prospects of midterm economic sustainability,” said Jean-Philippe Imparato, Stellantis’ chief operating officer for Europe. “We must make clear and responsible choices to ensure our competitiveness.”
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