United fuel cell system R & D (Beijing) Co., Ltd. was officially established in Beijing with a registered capital of 1.673 billion yen (about 100 million yuan), with a business term of up to August 2030.

the shareholders of the company are composed of six companies including Toyota Motor Company, Guangzhou Automobile Group Co., Ltd., Dongfeng Motor Group Co., Ltd., Beijing Automotive Group Co., Ltd., FAW Automobile Co., Ltd. and Beijing yihuatong Technology Co., Ltd. Among them, the proportion of Toyota Motor Company as a major shareholder is 65%.

this is a commercial vehicle fuel cell system research and development joint venture company. Its business scope is: technical development of fuel cell system for commercial fuel cell vehicles using Toyota single cell; technical consultation, technical service and technology transfer; import and export of goods and technology.

it is understood that on June 5 this year, Toyota, together with FAW, Dongfeng, GAC group, BAIC group and Beijing yihuatong, announced the establishment of United fuel cell system R & D (Beijing) Co., Ltd. in Beijing.

according to the introduction, the company’s main business is to carry out the research and development of commercial vehicle fuel cell system which can contribute to building a clean and environmentally friendly mobile travel society in China. It will jointly plan products through consultation, and carry out a series of technologies such as “FC stack component technology”, “FC system control technology” and “vehicle carrying technology” to meet the needs of the Chinese market Research and development of technology. Greatly shorten the time from development to production, and accelerate the popularization of FCEV in China’s commercial vehicle market. The joint venture will strive to develop a fuel cell system and its main components with excellent product strength, lower cost and stronger competitiveness in terms of power, energy consumption and durability, which is also an indispensable part of popularizing FCEV.

according to the plan, Toyota will start large-scale production of hydrogen fuel cells from this year, and its global production capacity of fuel cell vehicles is expected to increase to 30000 by 2020 and 200000 by 2025. Global Tech

By ibmwl