Since early 2019, the hydrogen fuel cell vehicle (FCV) industry has attracted a lot of attention. Pure electrical vehicle (PEV) fi re accidents in late April also increased discussions about hydrogen FCVs.At present, domestic companies such as Geely Auto Group and Great Wall Motors plan to increase investment and promote the commercialization of hydrogen FCVs.
More than 10 cities including Shanghai have already issued policies to support FCV development.
In 2018, domestic investment plans for hydrogen energy exceeded 200 billion yuan ($29.1 billion), including building industrial parks and raw material projects.
Currently, the price of most domestic hydrogen PEVs is less than 100,000 yuan ($14,550) after subsidies, while several hydrogen passenger cars made by Toyota and Honda cost more than 500,000 yuan ($72,750), excluding high hydrogen refueling costs. However, the high cost of hydrogen production, core components, storage and transportation bars the development of hydrogen FCVs. In addition, the slow construction of hydrogen energy infrastructure in China, including hydrogen refueling stations, has also hindered the development of hydrogen FCVs, with high land costs and technical shortcomings seen as two othermajor reasons.
For example, the construction cost of a hydrogen refueling station that can provide 200-kg hydrogen per day is at least 15 million yuan ($2.18 million), much higher than that of gas stations or electric vehicle charging stations.Experts believe that China’s FCVs, as an emerging industry, need various forms of subsidies as well as specifi c administrative and regulatory measures to regulate their development.It is also necessary to speed up the planning for hydrogen refueling stations with supportive policies, while regulatory systems for the construction, operation and supervision of stations should be established to ensure effective management.
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