Germany to Invest €5 Billion in Hydrogen-Powered Cars by 2035
Germany has announced a significant investment of €5 billion aimed at developing hydrogen-powered vehicles and infrastructure. The initiative is part of the country’s strategy to diversify its clean transportation solutions, complementing the existing electric vehicle market. The focus will be on producing fuel cell vehicles that offer longer ranges and faster refueling times compared to traditional electric cars.
This investment will also support the construction of over 1,000 hydrogen refueling stations across Germany by 2030, ensuring nationwide coverage. The project is expected to create thousands of jobs and reduce dependency on fossil fuels. Chancellor Olaf Scholz emphasized, “Hydrogen technology represents a critical component of our sustainable mobility future, particularly for heavy-duty vehicles and long-distance travel.”
