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great-wall-motor-signs-mou-with-h2-mobility-to-become-seventh-shareholder
great-wall-motor-signs-mou-with-h2-mobility-to-become-seventh-shareholder

Great Wall Motor signs MoU with H2 MOBILITY to become seventh shareholder

Great Wall Motor (GWM) has signed a Memorandum of Understanding (MoU) with joint venture H2 MOBILITY Germany to become its seventh shareholder and co-owner.

The Chinese car manufacturer joins the six existing shareholders – Air Liquide, Daimler, Linde, OMV, Shell and TOTAL – as part of a collaboration H2 MOBILITY Managing Director Nikolas Iwan hopes will “accelerate the transition to widespread use of hydrogen (H2) in mobility”.

The news was officially announced yesterday by GWM at the 3rd International Hydrogen and Fuel Cell Vehicle Conference (FCVC 2018) in Rugao, China.

Explaining how the collaboration came about, Iwan said, “I visited GWM in June and was honoured to be one of the first to visit their new state-of-the-art H2 development and testing centre in Baoding, China.”

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