CITIC Securities: It is expected that the industry may achieve breakthroughs in hydrogen-electric coupling, industrial carbon reduction, and other fields by 2026, and hydrogen-based green fuels may maintain rapid growth

36Kr learned that a research report from CITIC Securities pointed out that looking ahead to the 14th Five-Year Plan, the hydrogen energy industry, as a future industry, has seen its policy positioning elevated again. We expect that by 2026, breakthroughs may be achieved in areas such as hydrogen-electric coupling and industrial carbon reduction, with FCEVs and hydrogen-based green fuels likely to maintain rapid growth. Against the backdrop of expanding downstream applications and increasing demand for green hydrogen, scale effects may drive down costs for industry chain infrastructure and green hydrogen supply, thereby promoting the industry into a virtuous cycle of "cost reduction - volume expansion," which is expected to help the industry fully enter industrialization