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🗞️ Driving the news: Despite the popularity and growth of battery electric vehicles (BEVs), companies like Ineos Group continue to explore the potential of hydrogen fuel cell electric vehicles (FCEVs)
• Ineos recently presented a concept version of its Grenadier off-roader powered by hydrogen at the Goodwood Festival of Speed

🔭 The context: Ineos' and others' investments in hydrogen fuel cells indicate an expanding interest in this technology for decarbonizing transport
• While battery electric vehicles (BEVs) dominate personal transport, fuel cell electric vehicles (FCEVs) could excel in long-haul and niche applications due to their energy density

🌎 Why does it matter for the planet: Hydrogen's potential isn't limited to FCEVs, it's also a key component of several decarbonization strategies across industries
• The pursuit of different technological pathways for decarbonization reflects the complexity of transitioning to a more sustainable transportation sector

⏭️ What's next: Ineos plans to launch a battery EV in 2026 for urban and everyday use while also investigating the use of hydrogen for long-range, off-road capabilities
• Meanwhile, the development of hydrogen refuelling infrastructure, especially in the EU and China, and investments by major automotive parts companies may stimulate further interest in FCEVs

💬 One quote: “I don’t think one technology is superior to the other. I think they’ve got different uses. And I think we need a mix of technologies in the future,” (Lynn Calder, CEO of Ineos Automotive)

📈 One stat: Automotive parts giant Bosch announced this week it would spend an additional $1.1 billion on hydrogen projects, highlighting increased investment in the sector

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