Battery and fuel cell future cost comparison

The Battery and Fuel Cell Cost Comparison report takes an in-depth look into the future opportunities around the use of batteries and fuel cells for large premium SUVs and vans, with the aim of establishing which technology is more likely to prevail based on installed cost and mileage potential by 2030. 

It remains open as to whether fuel cells or batteries would be best for more demanding journeys, however, the report offers some clarity over future costs, technology progression, and sensitivities.  

The report from the Advanced Propulsion Centre UK (APC UK) analyses the different trajectories of hydrogen fuel cells and two battery chemistries: high-nickel NMC and LFxP.  

Large SUVs and vans have been selected for this analysis because they typically have a longer range and have the packaging freedoms that would allow for a modular electrified platform. It takes an in-depth look at what the future installed costs of LFxP, NMC and fuel cell systems would be out to 2030, within the attributes required for large SUVs and vans.

Discover more about battery and fuel cell cost studies 

With cost being an important factor in the automotive industry, in 2022 we produced a report entitled – ‘Reducing the cost of fuel cells: how can it be done?’ which offered a like-for-like $/kWh comparison of fuel cells and battery powertrains and explored the cost reduction potential of a light duty hydrogen fuel cell system.