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However the unavailability of infrastructure resembling hydrogen manufacturing facilities, hydrogen refuelling stations which might impede the expansion of this market segment. Europe and North America are expected to witness regular market development through the forecast period owing to a nicely-developed EV infrastructure in these areas. Nevertheless, nations like South Korea and Japan are investing heavily for creating a FCEV-favourable infrastructure. At the moment, the value chain ecosystem and charging infrastructure is inadequate and these are some major restraining components that may impede the market development. Moreover, Japan is planning to reach the target of 40,000 on-street FCEVs by 2020 and 800,000 FCEVs by 2030. They are also strategizing to cut back hydrogen fuel costs to one-fifth of the current price by 2050. These components will be crucial for market growth through the forecast period. Subsequently, this issue could be labored upon and by offering high-vary electric vehicles can be an engaging opportunity for the EV market to develop. In addition they launched the fully electric Mannequin Y in March 2019 which is a crossover able to carrying up to 7 passengers along with their cargo.