Status of Hydrogen and Fuel Cell Related Business in China

Transcription

1 Status of Hydrogen and Fuel Cell Related Business in China ICEF 2018 Tokyo, Japan October 10, 2018 Alfred Wong Managing Director, Asia Pacific

2 About Ballard Power Systems A world leader in PEM fuel cell products 39 years of experience 25 years on TSX 630 employees worldwide 2,300+ cumulative people years of PEM fuel cell expertise R&D collaborations with international universities $121M revenue in 2017 Ballard HQ facility Vancouver, B.C., Canada 2

3 Market Applications 3

4 Ballard Business Platforms Power Products Technology Solutions Heavy duty module Fuel cell stacks Back-up power system Product Development Component Design & Manufacture Systems Design & Integration Testing Services & Stations Licensing & Technology Transfer Proprietary MEA Purpose Built Designs Proven Durability Volume Manufacturing System Integration Support Tier 1 Customers 4

5 Significant Market Opportunities For FCEV Source: McKinsey & Company, Hydrogen Scaling Up for Hydrogen Council, November 2017, p. 31 5

6 National Development Objectives of Hydrogen FCV in China Technology Roadmap for Energy Saving and New Energy Vehicles By Society of Automotive Engineers of China (October 2016) Overall Goal - Quantity: 5,000 - Fuel cell system production capacity 1,000 units per enterprise - Quantity: 50,000 - Fuel cell system production capacity 10,000 units per enterprise - Quantity: 1,000,000 - Fuel cell system production capacity 100,000 units per enterprise Performance - Cold-start temperature: Power system structure optimization - FCV cost equivalent to the pure electric vehicle - Cold-start temperature: Small volume production - FCV cost similar to hybrid vehicle - Vehicle overall performance comparable with ICE vehicles - Achieving competitive advantage Hydrogen FCV Commercial vehicles - Durability: 400,000km - Cost RMB 1,500,000 - Durability: 800,000km - Cost RMB1,000,000 - Durability: 1,000,000km - Cost RMB600,000 Passenger cars - Lifespan: 200,000km - Max Speed 160km/h - Cost RMB300,000 - Lifespan: 250,000km - Max speed 170km/h - Cost RMB200,000 - Lifespan: 300,000km - Max Speed 180km/h - Cost RMB180,000 6

7 National & Regional FCEV Subsidy Standards Max Subsidy (RMB 1 million) = National (RMB 0.5m) + Regional (RMB 0.5m) National * Regional Type Subsidy (RMB/KW) Max. amount FC rated power Passenger car 6,000 RMB 200, kw Light bus Truck M & L bus M & L truck N/A RMB 300,000 RMB 500, kw Pure battery range Fuel cell rated power / motor rated power [0.3, 0.4) [0.4, 0.5) km 0.8X 0.9X 1X National: Regional * Notice on Adjusting and Improving the Policy of Financial Subsidy for Promotion and Application of New Energy Vehicles (February 12, 2018) 7

8 Hydrogen Refueling Stations in China Hydrogen Infrastructure HRS Roadmap in China Hydrogen Station ,000 Hydrogen Delivery High pressure hydrogen storage and transportation Cryogenic liquid hydrogen delivery High-density organic liquid hydrogen storage and delivery at normal pressure HRS Deployment Plan in China HRS Status Total Beijing Shanghai Guangdong Jiangsu Tianjin Hubei Others Service Trial Under Construction Planning Pending Total Beijing Shanghai Zhengzhou Dalian Foshan 8

9 Hydrogen Corridor Development Plan in Yangtze River Delta Region Location : Shanghai & four cities in Jiangsu Province SHANGHAI- Southeast of the Corridor -50 HRS for 20,000 FC passenger cars and 10,000 FC commercial vehicles by 2025 SUZHOU-Southwest of the Corridor -800 FC buses and logistics vehicles along with 10 HRS by 2020 RUGAO-UNDP s first Hydrogen Economy Demonstration City -A cluster of fuel cell developers and FCV companies & a global front-runner in hydrogen fuel cells NANTONG- Center of the Corridor -Known for its high tech sectors(half of its GDP that had a growth rate of 7.8% in 2017) YANCHENG-North end of the Corridor -An emerging city in clean energy development 9

10 MIIT Vehicle Certification Process A prerequisite of subsidy application is the NEV product entry into the New Energy Vehicle Model Recommendation for Promotion and Application Catalogue (simply called Promotion Catalogue), a catalogue organized by the MIIT (the Ministry of Industry and Information Technology). Step 1: NEV product entry to Road Motive Vehicles Manufacturer & Products Announcement Step 2: Display of Road Motive Vehicles Manufacturer & Products Announcement on MIIT Website for Comment (display duration: about 7 days) Step 3: Products from RMVMPA (Step 1) moved to New Energy Vehicle Model Recommendation for Promotion and Application Catalogue Road Motive Vehicles Manufacturer & Products Announcement (RMVMPA)/ 道路机动车辆生产企业及产品公告 New Energy Vehicle Model Recommendation for Promotion and Application Catalogue/ 新能源汽车推广应用推荐车型目录 Not all the models in Step 1 will be added to Step 3 Promotion Catalogue. 10

11 China MIIT Certified Vehicles Powered by Ballard Feichi FSQ6110FCEVG1 Yutong ZK6105FCEVG2 Yutong ZK6125FCEVG6 Yutong ZK6125FCEVG7 Feichi FSQ5080XXYFCEV Feichi FSQ6120FCEVG Aoxin JAX5080XXYFCEV1 Feichi FSQ6860FCEVG Feichi FSQ6860FCEVGS Foton BJ6851FCEVCH-1 Ankai HFF6850G03FCEV Dongfeng EQ5080XLCTFCEV2 King Long XMQ6127AGFCEV Feichi FSQ6700FCEVG Foton BJ6852FCEVUH Dongfeng EQ5080XXYTFCEV1 Skywell NJL6129FCEV Feichi FSQ6110FCEVG Dongfeng EQ6700LAFCEV Zhongtong LCK5085XXYFCEVH9 11

12 Ballard Case Study 1: 500 FCV Trucks Fleet in Shanghai Performance Statistics Location: Shanghai Size: 6.41m in length / 7.51 tons Manufacturer: Dongfeng Motor Corporation Engine: Re-Fire MP30 with Ballard 9SSL stacks (30 kw) Systems integrator: Re-Fire Distance travelled: 2,000,000 km (350 trucks) Refueling time: 5-10 minutes Range: 305 km 12

13 Ballard Case Study 2: Foshan Yunfu Bus Fleet Performance Statistics (20+ buses) Total distance travelled: >600,000km in service Refueling events: >2,200 refueling events Refueling time: 10 minutes Total stack hours: >19,000 hours Peak stack hours: 2,200 hours Bus range: km Daily operation: 8 hours Total passenger carried : 12,502 (up to Sep 26,2018) Size: 10.96m in length/78 people capacity 13

14 Ballard Case study 3: Foshan Gaoming Tram Project First Commercial Hydrogen Tram (2019) Location: Gaoming district in Foshan City, China Capacity: people Engine: Ballard FCveloCity fuel cell engines Range: 100km (per refueling) Maximum speed: 70 km/hour OEM: CRRC Sifang Gaoming line length: 2 phases, 17.4 kilometers, 20 stops Run time: phase 1 operation planned for

15 Summary Strong value proposition for FCEVs in transportation Early adoption in vehicle segments with longer ranges and more weight China is leading the way with new vehicle deployments National and regional subsidies available to stimulate growth Regional governments working to build out hydrogen refueling stations Scale and localization efforts expected to drive further industry cost down 15

16 Thank you WeChat: BallardChina Facebook: Ballard Power Systems Youtube: BallardPowerSystems 16