CITIC Construction Investment: The application of fuel cell vehicles will gradually enter the fast lane

CITIC Construction Investment Research report believes that hydrogen is a clean, low-carbon and efficient secondary energy source, with a wide range of downstream applications, and its wide application is an important way to achieve the dual-carbon goal.The national level attaches great importance to the hydrogen energy and fuel cell vehicle industry, and actively guides and supports its development.Over the past decade, the development of hydrogen energy industry chain has been led by fuel cell enterprises, and fuel cell is also the most important part of the current hydrogen energy application end.At present, China's fuel cell system enterprises have mass production capacity, but some core components still rely on imports.In terms of terminal application, industry,

transportation, electric power and construction are the four downstream application fields of hydrogen energy, among which transportation is the breakthrough point.With the increase of policies and the cost reduction of core components, the application of fuel cell vehicles in China will gradually enter the fast lane.