Shanghai to accelerate development of fuel cell vehicle industry chain

Shanghai aims to establish a complete hydrogen energy and fuel cell vehicle industrial chain in its northwestern Jiading district, a new effort by the city to greatly develop the fuel cell industry, experts said.

On Monday, Jiading district government announced its views on the development of the hydrogen fuel cell vehicle industry and hydrogen fuel cell vehicle industrial cluster planning.

According to the plan, an ecosystem for the hydrogen industry, a hydrogen park occupying over two square kilometers, will be established, and by 2025, the annual output value of the fuel cell vehicles will reach 50 billion yuan ($7.21 billion).