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China’s hydrogen and fuel cell sector is poised to grow exponentially. Sinolytics forecasts a fuel cell market size of 45 billion RMB by 2035.

China’s Hydrogen and Fuel Cell Industry

China’s hydrogen and fuel cell sector is poised to grow exponentially. The NDRC just issued a fifteen-year development plan for the sector. It expects real commercialization of fuel cell vehicles and energy storage by 2030 with rapid market growth in heavy-duty applications. Sinolytics forecasts a fuel cell market size of 45 billion RMB by 2035.

International companies increasingly consider entering this market. Sinolytics offers in-depth market, policy and regulatory analysis to European companies for their competitive stance in the newly emerging ecosystem.


Download our primer here Fuel Cell Primer