The World Hydrogen Congress is the annual
meeting place for senior decision-makers right across the hydrogen
production and distribution value chain. An outstanding executive line up
augmented by strong association support from both the blue and green
hydrogen markets is leading to what promises to be a unique event for all
hydrogen executives. The World Hydrogen Congress invites you to be part of
an innovative platform of thought leaders, exchanges and debates between key
hydrogen stakeholders, technology & science providers and world-leading
industry views in just 2 intense, information-rich days.
World Hydrogen Congress is the leading annual meeting place for senior executives working in the field of hydrogen production, transportation, distribution, storage, policy and end use applications.
The global energy markets are in transition led by the technological disruption of renewable energy power, digital technologies and the need to decarbonize the power generation, mobility and heat energy markets in the face of the rapidly evolving climate change reality. Hydrogen is a rapidly growing solution to decarbonizing power generation, energy storage, cost efficient
drive-trains and most especially; industrial heat markets.
- China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model.
Tesla Inc., said it has cut the starting price for China-made Model 3 sedans by 10% to qualify for subsidies in the world’s biggest auto market.
Tesla started delivering cars from its $2 billion Shanghai car plant in
December. They said in a statement it has cut the starting price for its Standard Range Plus Model 3 sedans to 271,550 yuan ($38,463.17), after receiving 20,250 yuan per car as EV subsidies.
China had announced plans in 2015 to end subsidies for electric vehicles this year, but said in March it would extend them. However, it said the subsidies will apply only to passenger cars costing less than 300,000
yuan. Beijing has spent billions of dollars subsidizing electrics in hopes of cleaning up China’s smog-choked cities and taking an early lead in a promising global industry.
That helped to turn China into the biggest market for electrics, accounting for about half of global sales.
Tesla faces a crowded market flooded with dozens of electric models from rivals including GM, VW, Nissan Motor Co. and China's BYD Auto and BAIC. They are under pressure to meet government sales targets that shift the cost of promoting the technology to the industry.
Automakers that fail to meet their targets can buy credits from rivals that do. That might turn into a windfall for Tesla and other brands that earn a surplus because their whole output is electric. Beijing has yet to set the price of credits.
Companies engaged in the production of batteries and components for electric vehicles (EVs) are enjoying a bull run in China, as they hitch a ride with the first Tesla electric car to roll off the company’s Shanghai assembly.
A series of events leading up to the unveiling of Tesla’s Model 3 last week fuelled investors’ interest in Chinese parts suppliers, including the companies that build charging stations, and even the miners of the lithium used in battery packs.
World Hydrogen Congress partners at IRU will be running the IRU Wolrd Congress 2020 in Berlin on the 19–21 October 2020.
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