New impetus to the development of energy-efficient future direction of car development. Which fuel cells are an efficient, environmentally friendly power generation device, it can be directly stored in the fuel and oxidizer in the chemical energy into electricity.
New source of Engine Company Limited, established in 2001, VGP-BPS13A/B , VGP-BPS13B/B , VGP-BPS8 is the first professional engaged in the industrialization of fuel cell development, aimed at advancing fuel cell technology development and commercial application of joint-stock company. By the Chinese Academy of Sciences, Dalian Institute of Chemical Physics, Lanzhou Great Wall Electrical (600,192, stock it) Company Limited to launch the establishment of other units, to May 2007, there have been four appliance accessory factories in Yixing, Wuhan University of Science and Technology Industry Group Co., Ltd., Shanghai Motor Vehicles (600,104, stock it) Industrial (Group) Company and other large enterprises and research institutions to the new source for investment.
In order to speed up the pace of industrialization of fuel cells, the new driving force has been in investment in Jiangsu Province and Shanghai has set up two wholly-owned subsidiary. Jiangsu Xinyuan Limited, the key to fuel cell materials and key components of production as the goal, we will build a key component of fuel cell production line, VGP-BPS8A to become China’s first fuel cell materials and components production base for industrialization. Shanghai New Source Limited to cars with fuel cell system integration installation, commissioning, operation, data acquisition and analysis and on-site service for the main business has become a new source for the system integration, assembly production and technical service center, while the use of Shanghai’s geographical advantages, to carry out a full range of Business Development.
New source of motivation to proton exchange membrane fuel cell and related parts and components production and sales, the sale of prototype development, national research and development to undertake the mission, the relevant engineering and technology development, transfer, training, advice and hydrogen source, such as technology-oriented R & D Products business operations.

