中文 ENGLISH

Review MIIT 2018 FCV Popularization Catalog – 57 Enterprises, 86 Vehicle Types

2019-01-04

Jan 3, 2019, MIIT released <Catalog of New Energy Vehicle Popularization and Application Recommendation Vehicle Type (2018 Batch 13)>. ASIACHEM <China Hydrogen Energy and Fuel Cell Annual Report 2018> research indicates that, in 2018, MIIT totally released 13 batches’ <Catalog of NEV Popularization and Application Recommendation Vehicle Type>.

 

Among, as <Inform on Adjust and Perfect NEV Popularization and Application Financial Subsidy Policy> transition period ended on Jun 11, 2018, MIIT accords to technical index of new subsidy policy, to check and screen vehicle types which listed in catalogs before, a total of 1977 vehicle types of 203 enterprises meet n technical requirement of new subsidy policy, and released in announcement of <Catalog of NEV Popularization and Application Recommendation Vehicle Type (2018 Batch 5)>, and there were no fuel cell vehicles (FCV) in this batch. In the rest 12 batches, ASIACHEM <China Hydrogen Energy and Fuel Cell Annual Report 2018> research indicates that, there are a total of 86 vehicle types of 57 enterprises been selected.


TIM图片20190114112929.png


It is noteworthy that, 2 of these 86 FCV types are methanol reforming to hydrogen FCV, which all come from Suzhou Palcan Energy Corporation.

 

By Vehicle Type

 

By vehicle type, in 2018, among 86 FCV types listed in announcements, mainly are city buses and vans, and there was no passenger used vehicles. In specific:

 

TIM图片20190114112255.png


By Brand

 

By brand, in 2018, among 86 FCV types listed in announcements, Top 3 are Dongfeng, Zhongtong and Yutong, which have 17, 11 and 10, respectively, vehicle types were selected, accumulated occupation is about 45%.

 

TIM图片20190114112304.png


By Fuel Cell System Manufacturer

 

By fuel cell system manufacturer, in 2018, among 86 FCV types listed in announcements, Top 2 are Beijing SinoHytec (include SinoHytec Power Technology, holding company of the company) and Guangdong Sinosynergy Re-Fire (include Shanghai Re-Fire, one of mother companies of the company), which have 23 and 20, vehicle types were selected, accumulated occupation is 50%.


TIM图片20190114112317.png


It is noteworthy that, 1 vehicle type fuel cell system manufacturer is CATL, and 4 is Wuhan Center HydraV. It is well known that CATL and Center Power are all power LIB companies, among, CATL is leader of China power LIB industry.

 

ASIACHEM research indicates that, in Jun 2018, NEV subsidy standard new policy started implementation. Compare with 2017, subsidy of 2018 gives higher subsidy to those power batteries which has higher energy density. However, generally speaking, NEV subsidies greatly decrease. Meanwhile, cost of monomer power battery is required to drop to below CNY 1/Wh. What is more, ASIACHEM data shows that, up to H1, 2018, power battery enterprises which ranked Top 5 (CATL, BYD, Guoxuan High-tech, Farasis, EVE Energy) installed capacity has occupied 80% market share.

 

TIM图片20190114112323.png


By Fuel Cell System Rated Power

 

By fuel cell system rated power, in 2018, among 86 FCV types listed in announcements, 39 were between 30.1-40kW, occupies about 45%.

 

TIM图片20190114112333.png