Let's see how soon Mary will drop EV's and sing about how fuel cells are the future. She can now shutdown some more US plants for fuel cell partnerships in China.
China's Hydrogen Vehicle Dream Chased With $17 Billion of Funding
June 27, 2019
Updated on June 28, 2019
*Startup Mingtian Hydrogen sees ‘springtime’ in fuel cells
*China giving subsidies as EV titan promotes ‘hydrogen society’
China’s policies to boost its fledgling hydrogen-powered auto industry are coming at just the right time for entrepreneur and former carmaker executive Wang Chaoyun.
His startup, Anhui Mingtian Hydrogen Energy Technology Co., makes fuel-cell stacks for vehicles propelled by the element, which produces no emissions from the tailpipe. During Mingtian Hydrogen’s brief existence, the fuel-cell vehicle industry has received more than $1 billion worth of investments from Chinese companies, according to data compiled by researcher BloombergNEF.
relates to China's Hydrogen Vehicle Dream Chased With $17 Billion of Funding
Wang ChaoyunSource: Anhui Mingtian Hydrogen Energy Technology Co.
“When I set up the company in 2017, it felt like fighting ahead in complete darkness, with people doubting my choice of going down the road of fuel cell,” said Wang, 56, who’s also the general manager. “The lights are on now, with more hands producing a stronger flame.”
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