Large-Scale Use of Fuel Cells Will Come in Three Years, CAE Academician Forecasts
Zhang Xia
/SOURCE : Yicai
Large-Scale Use of Fuel Cells Will Come in Three Years, CAE Academician Forecasts

(Yicai Global) Nov. 10 -- To achieve the large-scale demonstration operation of fuel cells, China must solve issues of safety, service life and fuel supply, and it takes about three years to do so, cnstock.com reported Nov. 9, citing Yi Baolian, an academician with the China Academy of Engineering (CAE) and Dalian Institute of Chemical Physics of the Chinese Academy of Sciences (CAS).

The four key points to achieve the large-scale demonstration operation of fuel cells are, first, fuel cell engines must be up to safety standards and their service life must be at least 5,000 to 10,000 hours, meeting the requirements for car use; second, after deducting government subsidies, the vehicle price must approximate that of lithium batteries or fuel vehicles; third, a sufficient supply of cheap hydrogen fuel must be available; and fourth, the sector must achieve profitability, gradually shed government subsidies and achieve commercialization, Yi noted.

The excellent driving range, strong power performance and zero emissions of fuel cell vehicles has induced China to strongly support their development and introduce various subsidy policies, Yi stated. China's fuel cell vehicles are expected to reach nearly one million by 2030, per a previously announced plan.

The fuel cell vehicles of Beijing Sinohytec Co. [NEEQ:834613] have already satisfied the automobile requirements of the 2022 Olympic Winter Games, and Zhengzhou Yutong Bus Co. [SHA:600066] has already developed a third-generation fuel cell bus with a mileage of over 500 kilometers.

The large-scale demonstration of fuel cell vehicles can start with buses and logistics vehicles with low reliance on hydrogen refueling station and demonstration can take place in areas with adequate by-product hydrogen to reduce its transport distance. The feasibility of commercialization of hydrogen fuel cell vehicles can be proved through large-scale demonstration operation and a comparison with electric and gasoline vehicles from the perspective of operating costs. Ensuring the turn out of fuel cell vehicles reaches of the level of fuel vehicles and lithium-ion battery vehicles will also be necessary, Yi said.

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Keywords: MSCI , Large-Scale Use