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Great Wall Bets on Hydrogen, Will Use to Power New SUV; Carmaker will also use hydrogen cars at 2022 Winter Olympics

Great Wall has invested 2 billion yuan ($305 million) over the past five years to develop hydrogen power-related technologies that can be used for vehicles as well as marine and rail transport, Zhang said. Founder Wei Jianjun added that Great Wall will invest another 3 billion yuan over the next three years and plans to become a top-three seller of hydrogen-powered automobiles by 2025.

“Development of the hydrogen-related industry will move forward as quickly as that for electric vehicles,” Wei said.

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