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In Depth: China’s State-Backed Hydrogen Vehicle Industry Struggles to Find Its Feet

By Bai Yujie, Qu Yunxu and Luo Yawen
2022年09月30日 21:00
Questions remain about the sustainability of subsidies, overdependence on government support, and weak private sector demand for the pricey vehicles

The announcement this week that global auto giants Toyota Motor Corp. and Hyundai Motor Co. will start selling hydrogen fuel-cell passenger cars in China later this year has jolted the fledgling sector.

Though both emphasized that the sales would be small-scale at first — Toyota’s local partner will start with 50 cars — it could mark a turning point for the local hydrogen vehicle market, which has so far mostly involved commercial trucks, public buses and tractors.

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