The market for hydrogen is highly contested

China’s top economic policymaker, the NDRC, just issued a fifteen-year development plan on the hydrogen and fuel cell sector. It expects real commercialization of fuel cell vehicles and energy storage by 2030 with rapid market growth in heavy-duty applications. Some foreign companies have moved early into this sector, establishing their China presence through Joint Ventures (JV) and strategic cooperation.

Last updated: 24. July 2025