Great Wall to Sell Hydrogen SUV

Great Wall Motor Co., China’s biggest maker of SUVs, plans to roll out its first hydrogen-powered SUV this year.

The company will also deploy its hydrogen-powered cars during the Winter Olympics in China next year, Zhang Tianyu, head of FTXT Energy Technology Co., a Great Wall subsidiary, said in the city of Baoding during a media briefing to outline the automaker’s hydrogen strategy.

Great Wall has invested 2 billion yuan ($305 million) over the past five years to develop hydrogen power-related technologies that can be used for vehicles as well as marine and rail transport, Zhang said. Founder Wei Jianjun added that Great Wall will invest another 3 billion yuan over the next three years and plans to become a top-three seller of hydrogen-powered automobiles by 2025.

Development of the hydrogen-related industry will move forward as quickly as that for electric vehicles,” Wei said.

Great Wall has been stepping up spending to transform from a traditional vehicle assembler to a technology-driven mobility company. It unveiled its Smart Coffee brand in July, calling it the “digital engine” of its transition, covering autonomous driving, electrical systems and smart cabins. The company last month said it will work with Beijing-based Horizon Robotics Inc. to develop intelligent driving technologies, including self-driving systems.

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