Patented technologies help to advance mass production in new form of clean propulsion
Hydrogen cars are expected to ride high in China this year with more core patented technologies related to fuel cells developed by Chinese companies and institutes, according to auto experts.
Industry insiders have forecast that 2018 will see a boom in mass production of hydrogen fuel cell vehicles in the country, China Intellectual Property News reported.
Wuhan Industrial Technology Research Institute of Geo-resources and Environment recently signed an agreement with a local financial company to secure 2 billion yuan ($293.49 million) to commercialize its research and development results on hydrogen vehicles.
The funding will help to roll out 50,000 hydrogen vehicles a year in 2020, according to the agreement.
Source: China Daily