You miss the point in H2 on-road.
It's not about the cost of H2, that is just one factor. That is far too simplistic a suggestion.
Perhaps you will find this enlightening:
It is about the clean operation, first of all, and companies getting to burnish their green credentials. Again and again, companies have shown a great willingness to spend $ Millions to achieve this.
Also, Governments have incentivised companies to do this as well. There is a different application of "Government/Municipal money" that you are either ignoring or are unaware of.
and also Government/Municipal Regulations, which are already being applied in many areas, to encourage Green operations of vehicles and ban dirty gas/diesel ones. And the clean air seen from the business halt due to the Covid 19 pandemic already has people noticing the clean air, and talking about how to preserve it. It may be a silver lining in this crisis that will benefit everyone.
Also it is about range, since pure battery EVs are a poor fit for larger vehicles, since the heavy batteries required will limit cargo capacity, which is what the vehicles are for, and severely limits range.
But H2 range extenders can provide the range, effectively doubling it, by allowing for fewer batteries and thus more cargo too. And they avoid the ICE range extender problem of negating the "green " aspect mentioned above.
Finally, and perhaps most importantly, it is about the total cost of operation, over time, which is how companies analyze it and amortize it.
So there are a multitude of factors involved, not just the price of H2.
But even in that regard, the consensus of the analysts is that the price of H2 is set to drop dramatically over the next several years. That will only help improve the equation in favor of H2 on-road vehicles, for these applications.
Got it now ?
Thanks !
:-)
JMI