First Thing, Daily Maverick's flagship newsletter

Join the 230 000 South Africans who read First Thing newsletter.

We'd like our readers to start paying for Daily Maverick

More specifically, we'd like those who can afford to pay to start paying. What it comes down to is whether or not you value Daily Maverick. Think of us in terms of your daily cappuccino from your favourite coffee shop. It costs around R35. That’s R1,050 per month on frothy milk. Don’t get us wrong, we’re almost exclusively fuelled by coffee. BUT maybe R200 of that R1,050 could go to the journalism that’s fighting for the country?

We don’t dictate how much we’d like our readers to contribute. After all, how much you value our work is subjective (and frankly, every amount helps). At R200, you get it back in Uber Eats and ride vouchers every month, but that’s just a suggestion. A little less than a week’s worth of cappuccinos.

We can't survive on hope and our own determination. Our country is going to be considerably worse off if we don’t have a strong, sustainable news media. If you’re rejigging your budgets, and it comes to choosing between frothy milk and Daily Maverick, we hope you might reconsider that cappuccino.

We need your help. And we’re not ashamed to ask for it.

Our mission is to Defend Truth. Join Maverick Insider.

Support Daily Maverick→
Payment options

Great Wall Bets Big on Hydrogen Using the Fuel to Power...



Great Wall Bets Big on Hydrogen Using the Fuel to Power New SUV

Completed Haval F7 crossover sport utility vehicles (SUV) sit outside ahead of delivery at the Haval automobile plant, operated by Great Wall Motor Co. Ltd., at the Uzlovaya industrial park, near Tula, Russia, on Monday, Aug. 12, 2019. Incomes in Russia have fallen for five straight years because of the persistently low price of oil, Russia’s main export, and the grinding impact of U.S. and European Union sanctions imposed over Crimea. Photographer: Andrey Rudakov/Bloomberg
By Bloomberg
29 Mar 2021 0

(Bloomberg) --Great Wall Motor Co., China’s biggest maker of sport-utility vehicles, plans to roll out its first hydrogen-powered SUV this year.

By Bloomberg News
Mar 29, 2021, 10:27 AM
Word Count: 498

The company will also deploy its hydrogen-powered cars in a fleet 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 on Monday 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 on developing hydrogen power-related technologies that can be used not only for vehicles but also for marine and rail transport, Zhang said. He added that Great Wall plans to become a top three carmaker globally by sales of hydrogen-powered automobiles by 2025.

Great Wall, founded by founder Wei Jianjun, has been stepping up spending to transform itself 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.

China, the world’s biggest car market, is promoting the development of hydrogen-powered cars, trucks and buses, with the central government offering to reward cities that achieve adoption targets. In a 15-year plan for new-energy vehicles released in November, China’s State Council said the country will focus on building the fuel-cell supply chain and developing hydrogen-powered trucks and buses. President Xi Jinping in September set a 2030 deadline for China to begin reducing carbon emissions.

Electric vehicle pioneer Elon Musk has famously dismissed hydrogen cars as “mind-bogglingly stupid.” Earlier this month, the Tesla Inc. chief executive pushed back against views that hydrogen was the future, telling an audience in China that instead he was a big believer in solar and wind paired with stationary battery storage, and all transport being electric, with the exception of rockets.

Read more: The Fuel Musk Called Stupid Seeks Another Shot at Green-Car Race

Hydrogen is cleaner than gasoline and doesn’t require a massive battery or the expensive lithium and recycling headaches that go with it. However, producing the fuel is expensive, both in carbon and dollars.

China wants 1 million fuel-cell vehicles on the roads within a decade and is spending hundreds of millions of yuan to subsidize purchases and spur research and development. As seen with battery-powered cars, a slew of startups and established companies are trying to capitalize on the policies.

Responding to government initiatives, China’s biggest automakers are accelerating their push into alternative energy. SAIC Motor Corp., the largest Chinese automaker, said last year it plans to gain 10% of China’s hydrogen-vehicle market by 2025. The company will add at least 10 hydrogen models over the next five years, it said.

The nascent hydrogen-vehicle market globally is dominated by companies such as Toyota Motor Corp. and Canada’s Ballard Power Systems Inc.

© 2021 Bloomberg L.P.


Comments - share your knowledge and experience

Please note you must be a Maverick Insider to comment. Sign up here or sign in if you are already an Insider.

Everybody has an opinion but not everyone has the knowledge and the experience to contribute meaningfully to a discussion. That’s what we want from our members. Help us learn with your expertise and insights on articles that we publish. We encourage different, respectful viewpoints to further our understanding of the world. View our comments policy here.

No Comments, yet

Please peer review 3 community comments before your comment can be posted