How many hydrogen fuel-cell vehicles are there?

With government-backed incentives, a growing infrastructure for hydrogen production and storage, and a complementary synergy with solar and wind energy, the number of hydrogen fuel-cell vehicles in operation nationwide is projected to reach around 45,000 by the end of 2025, according to the Hydrogen Energy Industry Promotion Association (HEIPA).

How will China support the hydrogen energy industry this year?

China has released over 20 national-level policies to support the hydrogen energy industry this year, covering various areas such as standards development, technological innovation, infrastructure, demonstration and promotion, and equipment upgrades, said Wei Suo, head of HEIPA.

How can China accelerate the development of the hydrogen sector?

China has prioritized expanding the use of hydrogen in transportation as a key strategy for accelerating the development of the hydrogen sector, rolling out a series of supportive policies, said the association.

Will China's hydrogen power development help reduce emissions?

More than one-third of centrally administered State-owned enterprises have geared up to tap China's hydrogen power development to cut emissions and achieve sustainable development, a government official said.

How big is the hydrogen storage cylinder market in China?

The market size for vehicle-mounted hydrogen storage cylinders in China is expected to reach approximately 38 billion yuan ($5.23 billion) to 46 billion yuan between 2025 and 2030, said HEIPA, which is under the China Association for the Promotion of Industrial Development, a Beijing-based trade body.

Is China poised to experience a boom in hydrogen energy development?

China is poised to experience a boom in hydrogen energy development, driven by strong government policies and a rapid decline in renewable energy costs, according to industry experts.