China to invest 17 billions on fuel cell development

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Thread: China to invest 17 billions on fuel cell development

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    China to invest 17 billions on fuel cell development

    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
    Bloomberg News

    *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.”

    CONTINUE AT LINK ABOVE
    Last edited by nadepalma; 07-11-2019 at 11:06 AM. Reason: Reformatted.

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    Re: China to invest 17 billions on fuel cell development

    The advantage of a wealthy commie enterprise is that the Chinese state has, at least relative to the private sector in Western Civilization, unlimited financial resources. Thank you R.M. Nixon and Hank Kissinger, nice work!

    So despite that H costs more to produce than it's worth as energy, at this point, and that the whole shebang is complex, the Chinese are calculating that if they throw enough money at the problem long enough, it will resolve.

    Another factor is they can easily bankrupt all their Western competition, or better yet buy them up and get further invasive cooties into their arch-enemy, Western Civilization. Watch this space for further developments.

    Good strategic move on Chyyynnnaaaaa's part.
    Last edited by Neanderthal; 07-10-2019 at 10:09 AM.
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    Re: China to invest 17 billions on fuel cell development

    Smart move by China

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    17 billions? Is that more or less than 17 billion?
    Last edited by jzchev28; 07-10-2019 at 12:38 PM.

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    Re: China to invest 17 billions on fuel cell development

    Quote Originally Posted by joey View Post
    https://www.bloomberg.com/news/artic...ion-of-funding


    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.
    Hydrogen vehicles are not new to GM, they had developed hydrogen powered test vehicles in the early 2000's and a fleet of Hydrogen powered Equinox's as well. There's also the Chevrolet Colorado that GM modified for Hydrogen propulsion as a 12 month Army test vehicle.

    If China builds the infrastructure in China to support Hydrogen, then, GM would be foolish not to produce Hydrogen powered vehicles and make some $$$ in that market.
    Last edited by 61BelAir; 07-10-2019 at 09:49 AM.

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    Re: China to invest 17 billions on fuel cell development

    Quote Originally Posted by joey View Post
    Let's see how soon Mary will drop EV's and sing about how fuel cells are the future.
    Fuel cell vehicles are a type of EV. They convert the chemical energy of a redox reaction into electricity to power electric motors that propel the vehicle.

    Quote Originally Posted by 61BelAir View Post
    Hydrogen vehicles are not new to GM, they had developed hydrogen powered test vehicles in the early 2000's and a fleet of Hydrogen powered Equinox's as well. There's also the Chevrolet Colorado that GM modified for Hydrogen propulsion as a 12 month Army test vehicle.

    If China builds the infrastructure in China to support Hydrogen, then, GM would be foolish not to produce Hydrogen powered vehicles and make some $$$ in that market.
    +1
    In addition to Equinox and Colorado, in the early 2000s GM also developed an Opel Zafira based FCEV prototype named HydroGen3. It had a range of 400 km (250 mi).

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    Re: China to invest 17 billions on fuel cell development

    GM and many other manufacturers have been working on hydrogen for a long time now; that hydrogen vehicles are not on the road in material quantities speaks volumes to the state of the technology today. Though definitely worth keep an eye on China, they also have a spotty track record with their investments. Probably a lot of that money will be wasted on duplicative efforts, many of the efforts will be from underfunded start-ups that end up going belly up.

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    Re: China to invest 17 billions on fuel cell development

    Hydrogen microbead fuels will be the way to go in the future take the same time to fill up as a gasoline car the hydrogen microbead capsules are less volatile than gasoline a fill-ups.

    Old cars gasoline cars can be run on hydrogen microbeads a 1960's Stang with just water coming out its tailpipe would be cleaner than a gasoline Prius. LINK

    US needs to set up a hydrogen infrastructure it would be money well spent long term, so it's less dependant reliant on Saudi oil & China who will own the EV car market in the future as it has an abundance of cheap labour that will needed to drive down the expensive price of electric car and up the wafer thin profit margins, and China owns an abundance rare earth materials in China, own most of the big rare earth mines around the world they have been buying.
    Last edited by Oldsmobile stopped; 07-10-2019 at 12:17 PM.
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    Re: China to invest 17 billions on fuel cell development

    As always, I'll ask the cognoscenti where this vast source of easily accessible hydrogen fuel lies awaiting our use...
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    Re: China to invest 17 billions on fuel cell development

    Quote Originally Posted by NHRATA01 View Post
    As always, I'll ask the cognoscenti where this vast source of easily accessible hydrogen fuel lies awaiting our use...
    It's all around us! We're breathing it! It's free! It's...
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    Re: China to invest 17 billions on fuel cell development

    Quote Originally Posted by nhrata01 View Post
    as always, i'll ask the cognoscenti where this vast source of easily accessible hydrogen fuel lies awaiting our use...
    the sun!!! Drain the sun!!!!!!

    We don't need anymore the Earth is too hot!

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    Re: China to invest 17 billions on fuel cell development

    Quote Originally Posted by joey View Post
    https://www.bloomberg.com/news/artic...ion-of-funding


    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.
    Mary is more than happy to restructure the whole company on promises of treasure from the Chicom dictators, and they will screw her, (or her replacement) in the end. It's the way they do business - but they require a sucker to succeed.
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    Re: China to invest 17 billions on fuel cell development

    GM has experience with fuel cells as stated above. They can build them in vehicles. However, they also ran into serious limitations of the technology. Crash tests with a pressurized hydrogen tank for one. The cost of hydrogen generation and storage in the distribution chain for another. There was more, but maybe cubic dollars solves things.

    So, what happens if China builds the infrastructure, but no one else does??? Given this kind of money, that is definitely a possible outcome.

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    Re: China to invest 17 billions on fuel cell development

    Quote Originally Posted by BlackGTP View Post
    GM and many other manufacturers have been working on hydrogen for a long time now; that hydrogen vehicles are not on the road in material quantities speaks volumes to the state of the technology today. Though definitely worth keep an eye on China, they also have a spotty track record with their investments. Probably a lot of that money will be wasted on duplicative efforts, many of the efforts will be from underfunded start-ups that end up going belly up.
    It also speaks volumes about our gov't as well and the direction they seem to think our country should go rather than stay the Hell out and let the market decide or dictate.

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    Re: China to invest 17 billions on fuel cell development

    Quote Originally Posted by gkr778 View Post
    Fuel cell vehicles are a type of EV. They convert the chemical energy of a redox reaction into electricity to power electric motors that propel the vehicle.
    And I've always wondered if this was the angle GM was thinking with all the "EV Hype" ...... remove battery, replace with fuel cell; bingo-bango......


    Quote Originally Posted by BlackGTP View Post
    GM and many other manufacturers have been working on hydrogen for a long time now; that hydrogen vehicles are not on the road in material quantities speaks volumes to the state of the technology today. Though definitely worth keep an eye on China, they also have a spotty track record with their investments. Probably a lot of that money will be wasted on duplicative efforts, many of the efforts will be from underfunded start-ups that end up going belly up.
    There has been significant progress, and in certain commercial applications it almost "makes sense" today. A buddy of mine at work lives/breathes this stuff.

    Hydrogenics $HYGS, was one of the companies we'd follow/trade; Cummins just bought them a couple weeks ago.
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