China Fuel Cell Vehicle Market 2022-2027

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    CHINA FUEL CELL VEHICLE MARKET

     

    INTRODUCTION

    The primary factors impacting the growth of the global market include rising environmental concerns, a rise in government attempts to construct infrastructure for hydrogen fuel cells, a sizable initial investment in infrastructure, and technical innovation and future potential.

    Infograhics-China Fuel Cell Vehicle Market , China Fuel Cell Vehicle Market Size, China Fuel Cell Vehicle Market Trends, China Fuel Cell Vehicle Market Forecast, China Fuel Cell Vehicle Market Risks, China Fuel Cell Vehicle Market Report, China Fuel Cell Vehicle Market Share

     

    Each of these factors is anticipated to have a substantial impact on the market for fuel cell cars.

     

    A hydrogen fuel cell powers the onboard electric motor of a fuel cell vehicle. A hydrogen fuel cell, which is propelled by hydrogen, generates electricity. Vehicles powered by fuel cells have a huge potential to reduce pollution from transportation.

     

    This car doesn’t produce any greenhouse gases (GHG) while it is moving, unlike those fueled by diesel and gasoline.

     

    CHINA FUEL CELL VEHICLE MARKET SIZE AND FORECAST

     

    The China Fuel Cell Vehicle Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

     

    NEW PRODUCT LAUNCH

    In an effort to establish itself as a leading manufacturer of fuel-cell cars worldwide, Great Wall Motor will introduce its first hydrogen fuel-cell sport utility vehicles as well as a fleet of 100 hydrogen heavy trucks.

     

    With eight new cars under the WEY brand, Great Wall hopes to challenge Toyota and Volkswagen. Without providing a timeline for the goods, it intends to release five under the recently established Tank brand.

     

    Great Wall, which also sells EVs and is constructing an EV factory alongside BMW, will have a production capacity of at least 200 GWh. Toyota Motor Corp., Hyundai Motor Co., and Geely, competitors of Great Wall, are working on their own hydrogen fuel-cell vehicles.

     

    RECENT PARTNERSHIP AND DEVELOPMENT

    Toyota and five Chinese companies have formed a joint venture to develop and sell hydrogen fuel cell technology for China’s commercial vehicle market.

     

    Along with powertrain company SinoHytec, the five Chinese companies include major automakers BAIC, Dongfeng, FAW, and GAC.

     

    United Fuel Cell System R&D (FCRD) will be the name of the new joint venture, which will have its headquarters in Beijing. Toyota will hold a 65% stake and act as the controlling partner.

     

    To begin with, FCRD will design a solitary, streamlined framework to create fuel cell powertrains that satisfy China’s performance and regulatory requirements. After that, FCRD will consider mounting the powertrains in various automobiles.

     

    Many zero emission heavy duty fuel cell electric vehicles (FCEV) have just begun to circulate on Chinese roads thanks to Johnson Matthey (JM), a pioneer in sustainable technologies, and Shanghai REFIRE Technology Ltd. (REFIRE), a top supplier of hydrogen fuel cell technologies. In the next months, this number will rise to 280 heavy duty FCEVs as REFIRE and JM’s partnership continues to succeed.

     

    A strategic cooperation agreement between “REFIRE” and Shanghai AI NEV Innovative Platform Co., Ltd. on in-depth exchanges and cooperation in cell testing, scientific research cooperation, and standard formulation in the field of fuel cells was formally signed.

     

    The agreement adheres to the cooperation goal of “establishing cooperation in activities and work in related professional and technical fields to achieve mutual complementarity and seek common development.”

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per China Fuel Cell Vehicle Market right now and how will it change in next 5-6 years?
    2. Average cost to set up a Fuel Cell Vehicle Market in China?
    3. How many China Fuel Cell Vehicle Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally?
    5. Cost breakup of a China Fuel Cell Vehicle Market and key vendor selection criteria
    6. Where is the China Fuel Cell Vehicle Market manufactured? What is the average margin per equipment?
    7. Market share of China Fuel Cell Vehicle Market manufacturers and their upcoming products
    8. The most important planned China Fuel Cell Vehicle Market in next 2 years
    9. Details on network of major China Fuel Cell Vehicle Market and pricing plans
    10. Cost advantage for OEMs who manufacture China Fuel Cell Vehicle Market in-house
    11. 5 key predictions for next 5 years in China Fuel Cell Vehicle Market
    12. Average B-2-B China Fuel Cell Vehicle Market price in all segments
    13. Latest trends in China Fuel Cell Vehicle Market, by every market segment
    14. The market size (both volume and value) of China Fuel Cell Vehicle Market in 2022-2027 and every year in between?
    15. Global production breakup of China Fuel Cell Vehicle Market, by suppliers and their OEM relationship

     

     

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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