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Industry

Fuel cell vehicles a major direction for future NEV development

November 04, 2022


Abstract : New energy vehicles (NEV) is the trend for vehicle industry, and fuel cell vehicles (FCV) is a major direction for NEV’s future development, said Yi Peiyun, chair of Shanghai H-RISE New Energy Technology Co., Ltd. and professor with Shanghai Jiao Tong University.

SHANGHAI, Nov. 4 (Xinhua) -- New energy vehicles (NEV) is the trend for vehicle industry, and fuel cell vehicles (FCV) is a major direction for NEV’s future development, said Yi Peiyun, chair of Shanghai H-RISE New Energy Technology Co., Ltd. and professor with Shanghai Jiao Tong University, who attended the WLA Zero Carbon Forum on November 3.

Yi Peiyun speaks at the WLA Zero Carbon Forum

Data shows that over 20 million NEVs have been sold worldwide, and the car-parc in China has topped 11 million. These numbers are expected to witness a significant increase in the decade to come.

Among the NEVs, FCVs are experiencing strong development momentum. According to Yi Peiyun, the car-parc of the world’s FCVs is around 50,000, and China alone has over 10,000.

“This is because we’ve made breakthroughs in fuel cell technologies over the past three years, and the costs of fuel cell stacks have been cut by 80 percent.” said Yi.

H-RISE has launched 300kW metal plate fuel cell stack, with power density reaching up to 6.2 kW/L. The product will be delivered at a small scale by the end of this year.

Our goal is to cut the costs and size of fuel cells close to the level of traditional combustion engines by 2025, and make the service life of fuel cells commensurate with that of combustion engines by 2030, Yi added.

As one of the heavy-weighted forums ahead of the 5th World Laureates Forum (WLA Forum), the WLA Zero Carbon Forum is supported by Xinhua News Agency Shanghai Branch, China Economic Information Service, Sequoia China Charity Foundation, and Parkland Foundation. (Contributed by Mi Jingwen, edited by Zhou Yuran, zhouyuran@xinhua.org)


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Keyword: FCVs

Reading:

UNDP official hails China's hydrogen fuel cell vehicle production

4th Int’l Hydrogen FCV Congress held in Rugao, Jiangsu

China Focus: Hydrogen fuels green future for China's transportation

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