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China Aims to Reduce Hydrogen Prices to €3/kg to Boost FCEV Market by 2030

METHANOLHYDROGENAMMONIA

The Chinese government aims to enhance hydrogen commercial use, targeting a doubling of the FCEV fleet to 100,000 by 2030. The Ministry of Industry and Information Technology (MIIT) has announced that selected city clusters will pilot hydrogen projects, supported by up to 1.6 billion Yuan each.

The government seeks to reduce hydrogen prices for consumers to below 25 Yuan per kilogram, with a target of 15 Yuan in certain areas. The initiative also explores applications for green ammonia, methanol, and hydrogen-based materials, positioning hydrogen as a key driver for economic growth and green transformation.

China Aims to Reduce Hydrogen Prices to €3/kg to Boost FCEV Market by 2030
Mar 17, 2026, 6:21 AM

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