The China Aerospace Science and Technology Corporation revealed the development of the first composite liquid hydrogen system for cars weighing 100 kilograms, which is considered a new achievement in the transportation sector in China.

The company confirmed that it has developed the system, which is considered one of the basic components of heavy trucks that operate on liquid hydrogen. The new system is produced entirely within China.

The new system aims to help hydrogen-powered heavy trucks achieve an improved range of more than 1,000 km on just one charge.

When compared with the previous system, we find that the new system is characterized by a 20% increase in the actual storage size within the same overall dimensions, in addition to reducing costs by more than 30%.

An expert working for the Chinese company said that the new system has several advantages, including, for example, its production capacity of about 100 kilograms of hydrogen, which conforms to international standards, in terms of the quality of the system in addition to the hydrogen storage density.

On the other hand, the Chinese Association of Automobile Manufacturers revealed an increase in production and sales of new energy vehicles in China during the past months.

The production of new energy vehicles in China recorded 870 thousand units; Its sales reached 850 thousand units, an increase of 35.9% and 33.5% on an annual basis, respectively.

The recorded growth brought the market share of new energy vehicles to 36% during last April, and the total car production in China reached 2.406 million units, rising by 12.8% on an annual basis. Sales increased by 9.3% to reach 2.359 million units.

China's vehicle production recorded during the first four months of 2024 about 2.985 million and 2.94 million units, representing 30.3% and 32.3, respectively. The market share of new energy vehicles increased to 32.4%.

Both the production and sales of cars in China during the year 2023 recorded about 30 million units, but in contrast, the production and sales of new energy vehicles during the aforementioned period exceeded 9.58 million and 9.49 million units, and thus China came in the lead and at the forefront of countries for the ninth year in a row.

As for the automobile industry in China, it witnessed an increase of 33.4%, and passenger cars were exported to 1.539 million units, which records an increase of 34.8% compared to the same period last year, and commercial vehicles contributed to the growth, as 288 thousand units were exported, an increase of 26.5% on an annual basis. .

China exported 4.91 million vehicles during the year 2023, thus becoming the largest exporter of cars in the world. China’s exports grew by 57.9% on an annual basis, in addition to an increase in exports of new energy vehicles by 77.6% to reach 1.2 million units.

The month of April of this year witnessed the export of a total of 504 thousand cars, which recorded a significant growth on an annual basis of 34%.

Passenger cars accounted for the lion's share of the country's exports, with 429,000 units shipped internationally, which represents an increase of 1.2% over last March, and an increase of 35.9% on an annual basis.

Commercial vehicle exports recorded a slight decrease of 4.2% compared to last March. As it was able to achieve an annual increase of 24%, in addition to exporting 74 thousand units.