Several months after the COVID-19 peak in China, the country has been working intensively to recover its production capacity in multiple sectors, including hydrogen technologies. However, a significant part of the globe is still under strict measures to overcome the pandemic stage. That leaves one of the most powerful manufacturing capabilities in the world in a challenging situation to reach international consumers while depending significantly on its internal economy to recover.
Podcast with Jean-Marc Tixhon, Louis-Philippe Lammertyn and Marie Kress. Source: Smart mobility podcast
Hydrogen mobility and fuel cell industry have been the main sectors to reframe their strategy in the last few months. China’s interest in establishing the foundations for a mature H2 internal market is highlighted with several initiatives that will probably scale up their capacity to fulfill international markets upon recovery of the global economy. For example, their effort was clearly represented by the Notification of Improvement of New Energy Vehicles Popularization (Notification 2020) announced by Chinese authorities in April this year, which provides special subsidies to fuel cell vehicles and industrial production lines intending to improve their commercial models. Moreover, China’s Industrial Hub HEBEI approved 43 different hydrogen projects with an estimated investment of 1.2 billion USD. These efforts are also visible at the local scale. Guangzhou, capital of south China’s Guangdong Province, has announced a 10 year hydrogen strategy structured around the construction of an energy industrial system based on hydrogen, with an estimated value of 8,5 billion USD by the end of 2025. Beijing Public Transport Group has also promised to purchase more than 2,500 hydrogen city buses, and other provinces, such as Hebei, have planned to build 30 refueling stations to supply the demand of 4,000 new fuel cell vehicles by 2022.