Core Viewpoint - The sustainability of hydrogen fuel cell promotion subsidies is a crucial factor influencing the development of China's hydrogen fuel cell industry during the "14th Five-Year Plan" period [2] Group 1: Industry Development - The hydrogen fuel cell vehicle industry in China has made significant progress during the "14th Five-Year Plan," with notable advancements in technology and infrastructure [3] - The current hydrogen fuel cell vehicle ownership in China is approximately 32,000 units, with 500 hydrogen refueling stations established [4] - By 2035, the expected ownership of fuel cell vehicles is projected to reach 1 million units, with heavy-duty trucks being a key application area [4] Group 2: Challenges and Opportunities - The hydrogen fuel cell vehicle industry faces several challenges, including high production costs, uneven infrastructure development, and the need for improved public awareness and policy frameworks [3][4] - The manufacturing cost of green hydrogen is decreasing, but the purchase and operational costs of fuel cell vehicles remain high, necessitating optimization [3] - The industry requires collaborative efforts across the supply chain to address key technical bottlenecks and reduce costs [7] Group 3: Policy and Strategic Recommendations - Central government should lead strategic planning and improve the hydrogen fuel cell vehicle industry layout, while local governments should support pilot projects and technology development [5] - There is a need for a comprehensive management organization and a robust standard system for hydrogen energy [5] - Companies should focus on technological innovation and cost reduction while collaborating with international firms to enhance their development [5][6] Group 4: Market Trends and Future Outlook - The market for hydrogen fuel cell vehicles is expected to expand significantly, driven by government support and decreasing costs across the supply chain [7][8] - By 2025, global fuel cell vehicle sales are projected to exceed 100,000 units, with China contributing over 30% of the market share [8] - The industry is moving towards a more integrated business model that combines vehicles, refueling stations, and hydrogen supply to lower entry barriers for customers [7]