SHANGHAI :
SAIC Breaks Ground at USD71.5 Million Fuel Cell Plant in Shanghai
Tang Shihua
DATE:  Mar 17 2020
/ SOURCE:  yicai

(Yicai  Global) March 17 -- Chinese car giant SAIC Group's subsidiary Hydrogen  Propulsion Technology has started constructing a CNY500 million (USD71.5  million) factory in Shanghai to make fuel cell stacks for vehicles.

The  Jiading district facility is expected to produce 12,000 sets of fuel  cell stacks each year after completion in August 2021, Shanghai Observer  reported. 

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Keywords:   New Plant,Fuel Cell Power,SAIC Group