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China’s largest fuel-cell producer Sinofuelcell expects sales to double as government promotes hydrogen-powered vehicles
- At least 2,500 vehicles using the company’s fuel cells will hit the road in 2023, company president says
- China has said it aims to have 1 million hydrogen-powered cars on its roads by 2030, served by 1,000 refuelling stations
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Daniel Renin Shanghai
Shanghai Sinofuelcell, mainland China’s largest producer of hydrogen fuel cells for vehicles, forecasts that its sales will more than double this year as Beijing promotes the technology as part of its pursuit of carbon neutrality by 2060.
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Dai Wei, president of the company, told the Post on Thursday that at least 2,500 new hydrogen-powered vehicles will take to mainland China’s roads in 2023 using fuel cells produced by Sinofuelcell.
The number will represent a big jump from last year’s 1,200 units, or about one-fourth of the total sales in China, where 5,000 hydrogen fuel-cell vehicles were put into service.
“Support by national authorities created favourable market conditions for us,” Dai said. “Our ultimate goal is to make passenger fuel-cell cars affordable to every household.”
The company’s production capacity will expand to 10,000 units in 2024, from 5,000 units this year, Dai said.
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China has said it aims to have 1 million hydrogen-powered cars on its roads by 2030, served by 1,000 refuelling stations, according to a road map published in 2016 by an advisory committee of the Society of Automotive Engineers of China.
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