September 7, 2017, Ministry of Science and Technology/United Nations Development Program Launching Ceremony of Foshan Project Promoting Commercialization of Fuel Cell Vehicles in China and Investment Promotion Conference for New Energy Vehicle (Hydrogen) Industry in Nanhai District, Foshan, China The development of commercialization of battery vehicles.

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On the day of the event, Ruihui Hydrogen Refueling Station in Danzao Town, Nanhai was also officially opened. "This is the nation's first fully commercialized hydrogen refueling station with a daily hydrogenation capacity of 350 kilograms, which can meet the hydrogenation requirements of various hydrogen fuel cell vehicles," said Li Sencheng, head of Nanhui Ruihui Hydrogenation Station.

In addition, the Ministry of Science and Technology indicated that it will actively participate in international cooperation and in-depth research and cooperation in hydrogen energy vehicles. The International Hydrogen Fuel Cell Association is also expected to be officially established by the end of the year.

According to the New Energy Subsidy New Deal, pure electric subsidies will gradually retreat, but fuel cell vehicle subsidies will remain unchanged until 2020. Under the joint promotion of “politics, research, and enterprise”, hydrogen fuel cell vehicles have quietly taken a stand.

Accelerating the layout of hydrogen fuel cells

The industry believes that compared with lithium-ion vehicles, hydrogen fuel cell vehicles have the characteristics of fast fuel refueling, long cruising range, zero emissions, and no secondary pollution of waste batteries. In view of this, people in the industry have great confidence in the scale of industrialization of hydrogen fuel cell vehicles. Especially sensitive capital and companies have already taken the first step into the business circle.

On July 28, Ocean Motor announced that the company will set up a joint venture with Zhongtong Bus and the investment company designated by the management committee of Liaocheng Economic and Technological Development Zone. The company plans to invest 440 million yuan and hold 88% of the equity of the joint venture company.

It is reported that the joint venture company will carry out projects such as the production and research and development of hydrogen fuel cell systems and hydrogen fuel powertrain systems and the new energy vehicle operation platform. The total investment of the project is 2.6 billion yuan, and the total output value after completion is 10 billion yuan. The project will be invested in two phases, of which the first phase will invest one billion yuan. At this point, Dayang's hydrogen fuel cell system business has made a breakthrough.

Before that, Wuhan Dayang Motor Co., Ltd., a subsidiary company, will invest in building a 15,000-unit commercial hydrogen fuel cell system for commercial vehicles in Xiaochang County, Hubei Province. The project has a total planned investment of 1.34 billion yuan. The construction period is 24 months. The business covers the assembly of hydrogen fuel cell modules and the manufacture of auxiliary systems such as oxygen supply, hydrogen supply, and cooling. It is expected that the annual output value can exceed 8 billion yuan.

Powerful cooperation to promote the industrialization of hydrogen energy technology

Zhongtong Bus Holdings Co., Ltd. is one of the earliest listed companies in the bus industry in China. Its clean fuel buses and safe school buses have become the first brands in many domestic regional markets, while new energy products are the first to achieve large-scale commercial operations. With rapid development, it has become a representative brand of domestic new energy passenger car market.

After more than 20 years of development and growth, Ocean Electric has become an international high-tech enterprise group integrating home appliances and home electric motors, powertrain systems for new energy vehicles, and autonomous “research and development, manufacturing, and marketing” of rotating electrical appliances. And focus on expanding the business platform for new energy vehicles. With an annual production capacity of about 60 million sets of home appliances and household electrical appliances, more than 300,000 sets of new energy automobile powertrain systems and 5 million vehicles rotating appliances, and more than 6,000 new energy vehicles operating in multiple cities at the same time And the corresponding supporting charging facilities.

In cooperation with Zhongtong Bus, Ocean Motor hopes to merge the advantages of the two parties and promote the joint R&D and cooperation between the company and Zhongtong Bus in the new energy vehicle powertrain system and hydrogen fuel cell system, and further accelerate the company's hydrogen fuel cell module. And implementation of hydrogen fuel powertrain system projects, promote the industrialization and application of hydrogen energy technology in China, and promote the promotion of domestic fuel cell new energy vehicles.

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