Haima to focus on fuel cell vehicle business

Beijing (Gasgoo)- Haima Motor has completed the development of the prototype car of its first fuel cell vehicle and it is developing its third-generation fuel cell vehicles as the company’s strategic deployment turned to focus on hydrogen vehicles, the company said. Besides, the company will deploy about 2,000 fuel cell vehicles by 2025 for pilot operation.

Photo credit: Haima

Meanwhile, the first integrated hydrogen refueling station, which can make hydrogen from water, in Hainan will come into use this year, and Haima participated in developing the station. In the future, the automaker plans to build one hydrogen refueling stations respectively in Qionghai (east of the Hainan Island), Danzhou (west of the Hainan Island), Sanya (south of the Hainan Island), Haikou (north of the Hainan Island) and Qiongzhong (center of the Hainan Island).  

China has accelerated the building of hydrogen refueling station network. By the end of the first half of this year, China had a total of 136 hydrogen refueling stations, which are expected to reach 1000 stations by 2025.

The contract manufacturing agreement, which Haima signed with XPeng Motors, will terminate at the end of this year, and both parties will not renew the contract. That will reduce Haima’s sales and revenues, so Haima has to develop new businesses and accelerate its transformation.