Hydrogen cars, fuelled by splitting hydrogen molecules and emitting only water, may sound like sci-fi, but they\u2019re already on the road, with some analysts predicting the sector could surge tenfold, from \u00a310.2 billion in 2024 to \u00a3114.5 billion in 2032. Hydrogen powered vehicles won\u2019t quite turn water into wine, but the forecast growth ahead is certainly divine. <\/p>
Fasten your seatbelts as we explore this up-and-coming technology and find out if the investment case for hydrogen car stocks is as clear as water, or if investing in hydrogen car companies is all just smoke and mirrors.<\/p>
The right hydrogen car stock for your portfolio depends on what drives your investment strategy. Some hydrogen car companies build the infrastructure, others develop the fuel cell technology, and then there are those manufacturing the cars themselves. <\/p>
To put together our list of the best hydrogen car stocks, we combed through the holdings of leading hydrogen-focused exchange-traded funds (ETFs)<\/a>, such as the Global X Hydrogen ETF (HYDR) and the Defiance Next Gen H2 ETF (HDRO), while also considering major automakers investing in hydrogen that were left out of both funds.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n