Ballard welcomes China’s new FCEV policy

In order to support the adoption of fuel cell electric vehicles (FCEVs), the Chinese Government has announced a new official policy for hydrogen-powered cars.

Welcoming the new policy, Randy MacEwen, President and CEO of Ballard Power Systems today released a statement on the importance of such policies.

“With a target to achieve one million FCEVs on China’s roads by 2030, this new fuel cell policy sets a framework for the scaled adoption of FCEVs. We believe this new policy signifies the strategic importance China places on FCEVs both from a decarbonisation perspective as well as a competitive industrial perspective.” MacEwen said.

“The new policy comes just as the Weichai-Ballard joint venture has been recently commissioned in Shandong Province with annual manufacturing capacity in excess of one-gigawatt of fuel cell stacks. We believe the Weichai-Ballard joint venture is well positioned to become a leading fuel cell state and module platform in China – the world’s largest market for commercial trucks and buses.”

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