Financial Stare: China, Germany shore up synergy of green development

An wise AGV (Computerized Guided Automobile) transfers formula at Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd. in southwest China’s Chongqing Municipality, April 19, 2024. (Xinhua/Huang Wei)

CHONGQING, April 24 (Xinhua) — Plenty of of hydrogen gasoline cell-powered autos are at demonstrate operational along the “hydrogen hall” spanning southwest China’s Chongqing Municipality to Chengdu Metropolis in neighboring Sichuan Province.

Amongst the autos, those manufactured by Qingling Team are in particular label-catching, as a image of the a hit collaboration between the commercial automobile manufacturer and its German partner, Bosch Team.

For commercial insiders, this collaboration between these noteworthy trendsetters also signifies the flourishing and strengthening of green development ties between the two countries.

Early in March 2021, Bosch and Qingling collectively established Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd., which is dedicated to bringing leading gasoline cell powertrain suggestions to the Chinese language market and this commitment aligns with the automobile commercial’s targets of carbon neutrality in China.

Per the Energy Saving and Unusual Energy Automobile Technology Roadmap 2.0, launched by the China Society of Automobile Engineers, the preference of gasoline cell-powered autos in China is projected to attain about a million by 2035.

China is one in every of the largest markets for hydrogen vitality and the connected technology is all of a sudden increasing, per Andre Posch, production supervisor for gasoline cell vitality module at Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd.

“The institution of the joint mission used to be primarily primarily based on the lengthy-history cooperation between Qingling and Bosch, as they had a buyer and vendor relationship within the past and on account of this fact knew each other thoroughly,” stated Posch.

He added that for the commercialization of gasoline cell programs, Qingling has a immense preference of economic automobile capabilities, all developed and manufactured in-dwelling.

Presently, Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd. has equipped 76kW, 134kW, and 190kW gasoline cell vitality modules to the market, catering to varied classic commercial automobile capabilities equivalent to chilly-chain logistics, sanitation, and heavy-accountability lengthy-haul transportation. Furthermore, the most recent platform 300kW gasoline cell vitality module is below avenue test with buyer autos.

Posch effectively-known that gasoline cell electric autos (FCEVs) offer the benefits of both combustion engine autos and pure-battery electric autos. FCEVs can shuttle lengthy distances and refuel hastily, akin to combustion engine autos. To boot they provide pleasing riding dynamics and procure a less complex structure, making repairs simpler, identical to pure-battery autos. “Most severely, FCEVs are emission-free.”

The metropolis of Chongqing the build Qingling is positioned also offers a favorable atmosphere for bilateral cooperation.

“Chongqing aspects a truly critical geographic location as it’s miles at the intersection of the Belt and Freeway, the Yangtze River economic zones, the Unusual International Land-Sea Alternate Corridor, and Chengdu-Chongqing economic zone,” stated Posch, adding that this is why there are many nationwide-stage logistics centers, providing operation eventualities for commercial autos.

Furthermore, Chongqing boasts an abundance of hydrogen sources. “The hydrogen within the market right here is of high quality and competitively priced,” he stated.

A working instance is a foremost hydrogen provide center for autos in southwest China which went operational in Changshou District, Chongqing in December 2023.

The heart can provide 6,400 kg of high-purity hydrogen per day at rotund capability, ample to fulfill the hydrogen consumption wants of 260 hydrogen-fueled heavy-accountability trucks, stated Liu Huabin, deputy general supervisor of the Chongqing Petrochemical Gross sales Firm of Sinopec, China’s major oil refiner. This system is anticipated to support decrease carbon dioxide emissions by 27,000 tonnes per yr, per Liu.

Chongqing welcomed the Federal Chancellor of Germany Olaf Scholz on April 14 this yr. Within the course of his trot to, Scholz toured this Sino-German joint mission and learned about hydrogen powertrain merchandise and gasoline cell powertrain suggestions, and experienced the assembly of hydrogen gasoline cell vitality modules.

Scholz stated he’s impressed by the cooperation between German and Chinese language enterprises within the sphere of hydrogen technology, and Germany is willing to continue to deepen pleasant exchanges with China and push bilateral cooperation to a recent stage.

One more company spearheading the Sino-German cooperative vogue in green development is Covestro, a popular German offers manufacturer.

“Covestro has built its first devoted mechanical recycling compounding line for polycarbonates in Shanghai, which started production closing yr with an annual capability of 25,000 tonnes. Germany leads in applied sciences for spherical economic system, and China has many utility eventualities,” stated Holly Lei, President of Covestro China.

Highlighting the corporate’s self belief in China’s promising market, the senior executive stated that by the stop of 2023, Covestro’s cumulative investment within the Chinese language market has exceeded 4 billion euros (about 4.3 billion U.S. greenbacks). “The Chinese language market contributes 20 p.c of Covestro’s global gross sales. These figures procure already told us that the Chinese language market can no longer be unnoticed.”

“Bosch has always been confident within the Chinese language market. All the way during the last 10 years, our annual investment in China has averaged almost about 5 billion yuan,” stated Xu Daquan, Bosch China President. “At the the same time, we are also rising our investments in recent fields in China. As an illustration, the completion of our hydrogen gasoline cell factory in Chongqing signifies our commitment to further investment in hydrogen gasoline cells.”

Intellectual AGVs (Computerized Guided Autos) work at Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd. in southwest China’s Chongqing Municipality, April 19, 2024. (Xinhua/Huang Wei)

Workers work at Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd. in southwest China’s Chongqing Municipality, April 19, 2024. (Xinhua/Huang Wei)

A employee works at Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd. in southwest China’s Chongqing Municipality, April 19, 2024. (Xinhua/Huang Wei)

A natty robot transfers formula at Bosch Hydrogen Powertrain Systems (Chongqing) Co., Ltd. in southwest China’s Chongqing Municipality, April 19, 2024. (Xinhua/Huang Wei)