Three months after Great Wall Motor (GWM) signed a Memorandum of Understanding (MoU) to become the seventh shareholder of H2 Mobility Deutschland, the Chinese car manufacturer is withdrawing from the agreement to focus on the Chinese market.
GWM has reorganised its hydrogen activities and now lays the development focus for the time being on FCEVs for the Chinese market, where the momentum for hydrogen is growing fast.
In a statement, GWM explained it’s reasons, “The intention was to stimulate the exchange of experience by entering the market. For the first points of contact with fuel cell technology were already there, at least that was the case still last October: Great Wall presented a concept vehicle, its test centre in Baoding, China, and the acquisition of Shanghai Fuel Cell Vehicle Powertrain as the basis on which it could now build.”
“But for the time being, nothing will come of this in Europe. GWM is concentrating on its home market for now instead.”
According to H2 Mobility, GWM wants to accelerate faster there than previously announced and equip the current range of vehicles with fuel cell drives.
“However, these vehicles are not certified for sale in Europe and are therefore not exported here, which is why they concentrate all efforts on the rapid development of hydrogen mobility in China,” the consortium said.
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