Since the "dual carbon" goal was proposed, the development of the new energy industry in mainland China has been accelerating, and many places have introduced policies to encourage the development of the new energy industry. Especially in the field of transportation, the "dual carbon" goal has also set a clearer timetable and development expectations for the long-term development of the new energy vehicle market.
Today, with the vigorous development of the lithium battery industry, hydrogen fuel cell technology is becoming a new driving force, providing a new option for the energy revolution.
As a real "zero-emission, pollution-free" vehicle, hydrogen fuel cell vehicles are one of the main development directions of new energy clean power vehicles in the future.
According to the "2024-2029 Global and China Hydrogen Fuel Vehicle Industry Development Status Research and Investment Prospect Analysis Report" released by the China Business Industry Research Institute, in 2023, the production of hydrogen fuel cell vehicles in mainland China will be about 5,600, a year-on-year increase of 54.4%, and the sales volume will be 5,800, a year-on-year increase of 72.3%, and by the end of 2023, the number of hydrogen fuel cell vehicles in mainland will be 17,000.
As one of the most successful countries in the promotion of new energy vehicles, Continental is vigorously developing hydrogen fuel cell technology. However, the production of hydrogen fuel cells and core component stacks is generally in the semi-automation stage, which not only affects the production efficiency of fuel cells, but also cannot ensure product consistency, which may hinder the further release of industrial demand and cost reduction. Therefore, the development of advanced fuel cell stack automation production line has become one of the important tasks of various urban agglomerations.
In recent years, many places in mainland China have been accelerating the pace of intelligent production lines for fuel cell stacks. According to incomplete statistics, about 10 sets of fuel cell stack production lines will be built nationwide in 2022, with a market size of about 500 million yuan, and about 15 sets will be built in 2023, with a market size of about 700 million yuan.
With the continuous development of hydrogen fuel cell technology, the hydrogen fuel cell vehicle industry has further accelerated, and it is expected that by 2025, the number of hydrogen fuel cell vehicles in mainland China will increase to 50,000, and about 50 fuel cell stack production lines will be required, forming a market size of about 2 billion yuan. Considering that the fuel cell industry in China is currently in the development period, it is expected that by 2035, the hydrogen fuel cell stack production line market will usher in explosive growth, and the market size is expected to reach more than 10 billion yuan, driving the scale of related industries to more than 50 billion yuan, and the product market has broad prospects.
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