Fuel Cell Trucks and Green Hydrogen Network Expansion Strategy
Market Opportunity
Material Handling
$30Bn
Target addressable market
Plug Today
•
Forklifts
More than 6MM forklifts deployed
1.5MM forklifts sold annually
plug
•
•
•
Electric Vehicles
Stationary Power
$300Bn
Target addressable market
On-Road Electric Vehicles
Energy density is ~10x BEVS
•
High asset utilization
•
Enables sharing economy
•
Faster fueling
•
Longer range
Infrastructure expertise
Less challenging operating conditions
than material handling applications
Constant power
$265Bn
Target addressable market
(US)
Hydrogen Economy
$10 Tn
Target addressable market
Data Centers & Wireless Infrastructure
Small footprint, high power density
Lower TCO vs. diesel generators
Long-term Growth Trajectory
Hydrogen & Equipment
The Hydrogen Council projects that by 2050, hydrogen
could provide up to (1):
18% of final energy demand
6Gt annual CO2 abatement
30MM jobs created
LO
5View entire presentation