China released a policy on Monday aimed at driving the commercial application of hydrogen across multiple industrial sectors.
The country plans to double its fuel cell vehicle fleet to 100,000 by 2030, according to an official document published today by three major government bodies, including the Ministry of Industry and Information Technology (MIIT).
The government aims to cut the average end-user price of hydrogen to below 25 yuan ($3.6) per kilogram, with prices in certain regions expected to drop to around 15 yuan.
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