As part of Beijing’s carbon reduction goals, China’s traditional fossil fuel giants are racing to take the lead in hydrogen energy, cities are making plans to develop it as a clean power source, and automakers are developing hydrogen-driven vehicles.
The breakthrough won’t easy as China’s success in the electric vehicle industry chain cannot be simply replicated in the hydrogen sector.
It is widely expected that technological breakthroughs and applications of fuel cell vehicles will accelerate during the 14th Five-Year Plan period, covering 2021 to 2025, but large-scale commercial application is still too early.