China Allocates $321 Million to Boost Regional Hydrogen Fuel-Cell Vehicle Deployment
China has significantly ramped up funding to support hydrogen fuel-cell electric vehicle (FCEV) demonstration projects, distributing $321 million (2.34 billion yuan) in its third annual subsidy round. Total funding now surpasses $700 million (5.11 billion yuan) over three years, underscoring China's aggressive push to become the global leader in hydrogen vehicle adoption.
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