E4tech-燃料电池行业回顾2020（英文）-2021.3-46页_5mb

Fuel Cell Industry Review 2020 Summary

Core Content

The Fuel Cell Industry Review 2020 provides an overview of the global fuel cell industry, focusing on shipment data, applications, and regional developments. It highlights the industry's growth, challenges, and future outlook, emphasizing the role of fuel cells in achieving sustainability goals and reducing carbon emissions.

Main Points

Industry Overview

• The fuel cell industry is not a single industry but is fragmented by technology, maturity, application, and region.
• The industry has gained traction due to R&D investments, technological improvements, and a growing emphasis on sustainability and clean energy.
• The pandemic significantly impacted supply chains and demand, but the industry still saw a 10% increase in shipments and power compared to 2019.

Key Players and Developments

• Toyota and Hyundai led in fuel cell vehicle (FCEV) deployments, with Hyundai shipping around 8,500 NEXOs and Toyota launching the new Mirai.
• China showed a slowdown in 2020 but is expected to ramp up production and deployment to 50,000 vehicles by 2025.
• South Korea became the global leader in FCEV deployment, with over 10,000 Hyundai NEXOs on the road and plans for 200,000 by 2025.
• Germany and Japan were key markets for stationary and portable fuel cells, with significant shipments of micro-CHP units and hydrogen refuelling stations.
• New entrants such as H2X and Ronn Motor Group are entering the market, aiming for zero-emission vehicles in Australia and the US, respectively.

Applications and Technologies

• The industry is categorized into Portable, Stationary, and Transport applications.
• PEMFC and SOFC dominate the transport sector, while PAFC and DMFC are still relevant in specific applications.
• AFC is seeing renewed interest with GenCell and AFC Energy gaining traction through IPOs and investments.

Regional Highlights

• Asia (especially South Korea and China) leads in FCEV adoption and infrastructure.
• Europe is focusing on hydrogen refuelling stations and public transport applications.
• North America saw a downturn in FCEV sales, particularly in California, due to the pandemic and lack of infrastructure.

Future Outlook

• The industry is expected to recover in 2021 with the help of vaccines and climate resilience initiatives.
• There is a growing trend towards end-to-end solutions and specialist component supply.
• The delineation between batteries and fuel cells is becoming clearer, with fuel cells more suitable for larger vehicles.

Key Information

Shipment Data

• Total units shipped in 2020: ~82,500 (up 10% from 2019)
• Total power shipped: ~1,300 MW (up 100 MW from 2019)
• China saw a significant drop in shipments, from ~2,700 in 2020 to ~1,400, due to policy changes.
• Japan and Germany accounted for over 50,000 micro-CHP units.

Major Projects and Collaborations

• Daimler and Volvo formed a joint venture for fuel cell trucks.
• Plug Power expanded its hydrogen economy strategy by acquiring Giner electrolyzers.
• Bloom Energy and SK E&C are focusing on renewable hydrogen and fuel cell power.
• JLR and BMW are developing fuel cell SUV prototypes.
• Toyota and Energy Observer formed a solutions company, Energy Observer Developments, for maritime applications.

Government and Policy Support

• South Korea launched the New Green Deal targeting 200,000 FCEVs by 2025.
• California saw a decline in FCEV sales, but still has initiatives to support hydrogen and fuel cell technologies.
• EU projects like LIFEalps and JIVE are promoting hydrogen in transport and industry.

Challenges

• Supply chain disruptions and production delays due to the pandemic.
• Uncertainty in China due to policy changes.
• Need for investment and due diligence to ensure sustainable growth.

Opportunities

• Hydrogen refuelling stations saw a record number in 2020, signaling increased support for FCEVs.
• Collaborations and joint ventures are becoming more common, especially in the heavy-duty and maritime sectors.
• New applications such as UAVs, UGVs, and autonomous vehicles are expanding the use of fuel cells beyond traditional sectors.

Conclusion

The Fuel Cell Industry Review 2020 outlines the industry's resilience despite the challenges posed by the pandemic and changing policies. It emphasizes the importance of fuel cells in achieving sustainability goals, especially in transport and energy sectors. While some regions like California saw a downturn, others such as South Korea and China are showing strong growth. The future appears promising with increased investment, new entrants, and a clearer delineation between fuel cell and battery technologies.