Hydrogen energy storage great wall motors

Why does Great Wall Motors use hydrogen?

Wei said the reason Great Wall Motors attaches such importance to hydrogen vehicles lies in the nature of the fuel. "Hydrogen is a source of energy. It is regarded as the ultimate source of energy, which must been green and renewable," Wei said. "So we are less concerned about specific vehicle models than technology development."

Will Great Wall Motors invest 3 billion yuan in Hydrogen Research & Development?

[Photo by Li Fusheng/chinadaily.com.cn] China's Great Wall Motors is to invest 3 billion yuan ($456.4 million) over three years into hydrogen-related research and development, as part of its efforts to become a major company in the global fuel cell vehicle market.

Where is Great Wall Motors' Hydrogen Research and Development Center located?

An engineer works at Great Wall Motors' hydrogen research and development center in Baoding, Hebei province, in March 2021. [Photo by Li Fusheng/chinadaily.com.cn]

Is Great Wall Motor a major fuel-cell vehicle maker?

BAODING, China/BEIJING, March 29 (Reuters) - Great Wall Motor (601633.SS) will roll out its first hydrogen fuel-cell sport utility vehicles and launch a fleet of 100 hydrogen heavy trucks this year as it plans to become a major fuel-cell vehicle maker globally.

Will Great Wall launch a hydrogen fuel-cell SUV?

Later this year, the company will roll out its first large-sized hydrogen fuel-cell SUV model, which will have a range of 840 kilometers, and launch a fleet of 100 hydrogen heavy trucks. This comes on the back of Great Wall's 2 billion yuan investment in the segment over the past few years.

How much money will Great Wall invest in hydrogen technology?

Great Wall will invest three billion yuan ($456.61 million)in hydrogen-related technologies in the next three years, Wei said. He also said FTXT will seek external fundraising. The automaker will launch high-end EV and hydrogen fuel-cell models under Saloon marque, which will be priced above 300,000 yuan, Wei said.