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Great Wall Motor invests in H2 Mobility's Hydrogen fuel Network

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Chinese Car Manufacturer, Great Wall Motor (GWM), has signed a Memorandum of Understanding with H2 Mobility to become its seventh shareholder and co-owner. It will contribute additional investment to the company and acquire a minority share in H2 Mobility. GWM thereby joins the six existing shareholders, namely Air Liquide, Daimler, Linde, OMV, Shell and Total.
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H2 Mobility Deutschland has established a nationwide hydrogen infrastructure to supply cars with fuel-cell drives in Germany. During the first phase, H2 Mobility will operate 100 hydrogen stations in seven German metropolitan areas (Hamburg, Berlin, Rhine-Ruhr, Frankfurt, Nuremberg, Stuttgart and Munich), and along connecting highways in 2019. This will be followed by up to 300 more hydrogen stations in line with vehicle ramp up.

Great Wall Motor China (GWM) has made significant investments in New Energy Vehicle technologies. With an advanced hydrogen prototype and test centre in Baoding, Hebei, China, as well as expertise in Shanghai with the recently acquired Shanghai Fuel Cell Vehicle Powertrain co. ltd., GWM is on the way to develop and deploy cost-competitive fuel cell electric drive technologies.

In the future, GWM will provide FCEVs to customers in China, and will later consider expanding into international markets with a focus on early hydrogen markets such as Germany with its rapidly growing hydrogen station network developed by H2 Mobility.

In order to contribute to establishing a hydrogen refuelling infrastructure network in China as soon as possible, GWM is making investments in hydrogen refuelling technologies. Cooperating with the leading hydrogen infrastructure company and private-public partnership in Germany is expected to help to accelerate the deployment of hydrogen refuelling stations in Germany as well as in China.

H2 Mobility and GWM will cooperate closely on the harmonization and advancement of hydrogen codes & standards, and will work to further improve the reliability and convenience of hydrogen refuelling. Both parties aim to exchange learnings and experience to accelerate the deployment of refuelling station networks in China and Germany.


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Great Wall Motor invests in H2 Mobility's Hydrogen fuel Network
Modified on Friday 26th October 2018
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