When it comes to EVs, China not only wants to rely on batteries, but also on fuel cells. For a long time, hydrogen mobility was considered useful only for trucks in China due to the complex fuel tanks. But now, the first Chinese fuel cell car is going into series production. Chinese manufacturers could beat the German competition to the punch here, too.
Von Frank Sieren
China will bei E-Autos nicht nur auf Batterien setzen, sondern auch auf Brennstoffzellen. Lange galt die Wasserstoffmobilität in China wegen der komplexen Tanks nur für LKWs als sinnvoll. Nun jedoch geht das erste chinesische Brennstoffzellenauto in Serienproduktion. Die chinesischen Hersteller könnten die deutsche Konkurrenz auch hier vor sich hertreiben.
Von Frank Sieren
China’s government has announced far-reaching plans to bolster the economy through fiscal policy measures. However, the government’s ability to employ an expansive fiscal policy is weakened significantly by reduced fiscal revenues caused by the economic downturn. Therefore, the government has now turned to state-owned financial institutions, asking them to contribute a higher percentage of their profits for fiscal use. This measure, however, can only work as a temporary solution, buying more time for the government to find ways to generate a more sustainable flow of fiscal revenues.
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