Tag: Owning a Hydrogen-Powered Car

While hydrogen fuel cell vehicles (FCEVs) are still a niche market, primarily due to limited refueling infrastructure and higher upfront costs, a closer look reveals a compelling case for their long-term financial benefits, especially when comparing them to traditional gasoline-powered cars. For the forward-thinking consumer or fleet operator, the long-term cost of ownership for an FCEV is a critical factor that could ultimately drive its adoption.

1. Zero Fuel Cost for a Period of Time

One of the most significant financial perks of early FCEV ownership is the generous “free fuel” programs offered by manufacturers. To help offset the high cost of hydrogen at the pump and encourage adoption, automakers like Toyota and Hyundai have provided new owners with a substantial fuel card. For example, some programs have offered up to $15,000 in complimentary fuel for purchases or a specified period of time. This completely eliminates the single largest ongoing …