On December 21st, it was learnt from the Wuhan Development Zone (Hannan District) that the company had invested 11.5 billion yuan to build the nation’s first hydrogen fuel cell industrial park in the region, mainly engaged in the R&D and production of hydrogen fuel engines. An annual production value of 35 billion yuan will be formed to help Wuhan create a hydrogen fuel city. According to reports, the project is under construction. After the project is completed, it will form an industrial chain that integrates the development, production, operation and sales of hydrogen fuel generator systems and hydrogen storage systems. It will also be developed in cooperation with Nanjing Jinlong and Dongfeng Special Steam. Production of hydrogen fuel cell buses. It is understood that since September 2017 when the state started to study the withdrawal schedule of fuel vehicles, who will become the replacement for fuel vehicles has become the focus of attention of all walks of life. From the perspective of new energy market development, in addition to the current hot lithium, more efficient and cleaner energy - hydrogen energy has become the industry's "new darling", policies, capital have also shifted to the field, so the industry expects, With the continuous progress of hydrogen fuel cell technology, the commercialization of the industry will accelerate and it will usher in an explosion period within 3-5 years. So, what are the current support policies for China's hydrogen fuel cell industry? What other capital is in the game? How large is the space in the future? National and Local Policies Work Together to Support the Development of Hydrogen Fuel Cell Industry The rise of the hydrogen fuel cell industry cannot be preceded by the vigorous promotion of policies. In the past two years, the state has issued a number of policies to vigorously support and actively deploy hydrogen and fuel cell vehicle industries. For example, in the "13th Five-Year Plan for the Development of Strategic Emerging Industries" issued by the State Council in December 2016, we will further develop and expand new strategic industries such as new energy vehicles, new energy, and energy conservation and environmental protection related to hydrogen energy. On December 29, 2016, the new subsidy standard for new energy vehicles issued jointly by the Ministry of Finance, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, and the National Development and Reform Commission proposed that the subsidy for electric vehicles will gradually degrade, but subsidies for fuel cell vehicles will remain unchanged until 2020, and Each fuel cell vehicle can receive up to 500,000 yuan in state subsidies. National level hydrogen fuel cell related policy summary With the state support policy being very clear, the follow-up of local supporting measures has become the key to industrial development. According to prospective statistics, Shanghai, Jiangsu Rugao, Taizhou, Zhejiang, and Wuhan, Hubei provinces have all been supporting the development of hydrogen fuel cells. Policy measures. However, Guangdong, Shandong, and other places are also expected to follow up the introduction of supportive policies, and hydrogen fuel cell development policies are expected to blossom nationwide. Local level hydrogen fuel cell related policy summary Enterprises Accelerate Entry of Hydrogen Fuel Cells into Capital "New Love" Based on the guidance of national policies and implementation of local policies, the company has accelerated the deployment of hydrogen fuel cells. This time, the company established the nation’s first hydrogen fuel cell industrial park in Wuhan, which was announced in September this year. The strategy of lead-acid batteries for the absolute sales of spindles will change, and a parallel development path of lead-acid + lithium-ion + fuel-fired solutions will be adopted. In the future, Xiongsheng will build a hydrogen energy industry platform and will cultivate at least 3-5 listed companies and successfully promote 3-5 FCEV demonstration cities nationwide. In addition, Dayang Electromechanics, which was earlier deployed in the field of hydrogen fuel cells, said that in addition to investing in the world's top hydrogen fuel cell company, Ballard, to build a hydrogen fuel cell test line in Zhongshan, the company will also build 17,000 units per year in Hubei. Sets of hydrogen fuel cell production bases to carry out integration of fuel cell vehicle systems. In the future, with the continuous release of the hydrogen fuel cell policy dividend, more capital will flow into the industry, and the hydrogen fuel cell will become the next outlet of the new energy market after the lithium battery, and become the object of capital favor. Corporate Capital Hydrogen Fuel Cell Layout The prospects for battlefield hydrogen fuel cells that are different from lithium batteries are good Although they are powered by new energy vehicles, the hydrogen fuel cell industry has a different “battlefield†than the current lithium battery industry. Because the hydrogen reaction takes up a lot of space and is not suitable for a smaller passenger vehicle, the main battlefield of hydrogen fuel cells will be in the commercial vehicle field, and there will be no conflict with the lithium battery passenger vehicles. According to forward-looking statistics, the average annual sales volume of the commercial vehicle market in China in 2011-2017 is maintained at around 3.8 million vehicles, and as of now, the total commercial vehicle fleet in China is approximately 26 million vehicles. Therefore, hydrogen fuel cells have a large application space in the field of commercial vehicles. Sales and Growth Rate of Commercial Vehicles in China, 2011-2017 (Unit: 10,000 vehicles, %) In addition, the “Blue Book on the Development of China's Hydrogen Energy Infrastructure†(2016), published by the Institute of Resources and Environmental Sciences of China National Institute of Standardization and the China Electrical Equipment Industry Association, for the first time put forward the road map for the development of the hydrogen energy industry. The road map for the hydrogen refueling stations in China and Fuel cell vehicles have been planned, mainly including: by 2020, the number of hydrogen refueling stations will reach 100; fuel cell vehicles will reach 10,000; hydrogen rail transit vehicles will reach 50; by 2030, the number of hydrogen refueling stations will reach 1,000. The number of fuel cell vehicles will reach 2 million; by 2050, the construction of the hydrogen station network will be completed and the fuel cell vehicles will have 10 million vehicles. Therefore, regardless of the industry application market or policy planning, the development prospects of China's hydrogen fuel cell industry are very bright. Roadmap for the development of hydrogen energy industry - Development target for hydrogen fuel cell industry (unit: seat, 10,000 units) SHAOXING COLORBEE PLASTIC CO.,LTD , https://www.colorbeephoto.com