On May 15th, the Ministry of Industry and Information Technology issued the "Key Points for Standardization of New Energy Vehicles in 2019" (hereinafter referred to as "Work Highlights"), focusing on electric vehicle safety, electric vehicle energy consumption, fuel cell electric vehicles, charging facilities and hydrogenation systems. Deployment of standardization aspects in the field of power battery recycling and other aspects.

In the 2018 "Working Essentials", the five key research directions are almost all concentrated in the field of electric vehicles. In the five major research deployments of the "Work Essentials" in 2019, two major areas have turned to the field of hydrogen fuel cell vehicles, which explains why the hydrogen fuel cell industry has been frequently favored by capital since 2019.

Since the beginning of 2019, the hydrogen fuel cell industry index has risen by more than 500%. Hydrogen fuel cell vehicle related concept stocks have also been booming in the secondary market. According to wind data, more than 40 fuel cell concept stocks have all risen this year. Since the beginning of this year, the share prices of 15 companies have risen by more than 100%, and the shares of 32 companies have risen by more than 50%.

The five key research areas of "Work Essentials" in 2018 are: electric vehicle basic field, vehicle field, key system components, charging infrastructure, and standard system optimization. The research in these five fields mainly focuses on electric vehicles. .

In 2018, the development of China's electric vehicles related fields has achieved good results. China's power battery, vehicle, parts and other related industries have also begun to take shape. However, the ceiling of electric vehicles is slowly emerging. In terms of power batteries, the energy density has gradually approached the technical ceiling. Electric vehicles do not have the conditions to completely replace traditional fuel vehicles in low-temperature environments and long-distance driving. Therefore, if the country wants to get rid of the external dependence of petroleum energy, it must find new energy and power technologies with higher ceilings.

At the end of 2018, the former Minister of Science and Technology Wan Gang wrote in the "People's Daily" that after the development of new energy vehicles in China in these years, the core technologies of batteries, motors, and electronic controls in new energy vehicles have gradually grown up. The industrial chain has also had a certain foundation. Next, new energy vehicles need to be further developed in depth. They should also expand their hydrogen fuel cell technology in the future. At least the industrialization basis of hydrogen fuel cell technology should be gradually cultivated.

The hydrogen fuel cell vehicle technology, which has the characteristics of high industry threshold and high enough industrial ceiling, can just complement the short circuit of electric vehicles in the field of new energy vehicles. Therefore, on the basis of gradually pushing the electric vehicle industry to market, the research and deployment of national new energy vehicles will gradually advance to the field of hydrogen fuel cell vehicles.

The next round of national subsidy focus will naturally be tilted towards hydrogen fuel cell vehicles. In 2019, the subsidies for new energy vehicles will fall back, and the subsidies for 2020 will be withdrawn. At present, it is clear that hydrogen fuel cell vehicles will not be affected. However, in order to avoid the phenomenon of fraudulent subsidies in early-stage enterprises, the 2019 Work Highlights accelerated the standardization of hydrogen fuel cell vehicles.

Completion of technical review of fuel cell electric vehicle stereotype test procedure standards, strengthening of standard test verification of low temperature start performance, energy consumption and driving range test methods, and acceleration of on-board hydrogen system, hydrogenation port, hydrogenation gun, and hydrogenation communication protocol The revision of standards and the pre-research of safety standards for fuel cell electric vehicles after collision will become the focus of new energy vehicle standardization in 2019.