【HaiChuan Teahouse】Shanghai’s hydrogen fuel subsidy policy announced – is the era of hydrogen energy here?

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Recently, Shanghai issued a notice titled \"Several Policies to Support the Development of Fuel Cell Vehicles in the City,\" sending an important signal to the automotive industry: the development of hydrogen fuel vehicles is receiving significant attention from the relevant authorities. This policy provides subsidies in various areas, including the research and development of hydrogen fuel vehicles, the development of technologies related to hydrogen fuel, the construction of hydrogen refueling stations, and the retail price of hydrogen. The level of support and the breadth of these subsidies are unprecedented. Firstly, in terms of the research and development of hydrogen fuel vehicles, for such vehicles that receive **points for comprehensive evaluation, a subsidy of 200,000 yuan is provided for each point earned. Research and development in hydrogen fuel technology involves key components such as stacks, membrane electrodes, bipolar plates, proton exchange membranes, catalysts, carbon paper, air compressors, hydrogen circulation systems, and hydrogen storage tank valves. Based on a **comprehensive evaluation system, 1 point entitles the recipient to a subsidy of 30,000 yuan; the total amount of subsidies for similar products per company shall not exceed 30 million yuan. Regarding the construction of hydrogen refueling stations, those that obtain a gas operation license by 2022, 2023, and the end of 2024–2025 will receive subsidies of up to 5 million yuan, 4 million yuan, and 3 million yuan per station, respectively. Regarding the retail price of hydrogen, by the end of 2025, for hydrogen refueling stations that hold a gas operation license (for vehicle use), the subsidy rate for 2021 will be 20 yuan per kilogram ； The subsidy rate for the 2022–2023 period is 15 yuan per kilogram ； The subsidy rate for the 2024–2025 period is 10 yuan per kilogram. This subsidy policy takes into account various aspects, including research and development, the construction of hydrogen refueling stations, and the price at which consumers can purchase hydrogen fuel, which demonstrates Shanghai’s determination to develop hydrogen fuel vehicles.