Recently, the new hydrogen-methanol electric heavy truck industrial base project landed in the Chilechuan Dairy Industry Development Zone in Hohhot, capital city of North China's Inner Mongolia autonomous region.

By leveraging the regional advantages and industrial foundation of Hohhot, the project aims to accelerate the layout of green methanol and electric industries. With a total expected investment of 10 billion yuan ($1.39 billion), the first phase of the project will produce 10,000 sets of hydrogen-methanol electric heavy truck powertrain components annually. The second phase of the project will be capable of producing 30,000 sets of hydrogen-methanol internal combustion engines and 100,000 sets of electric motors and control systems annually.

Hydrogen-methanol electric heavy trucks are very energy-efficient, saving more than half of the fuel costs compared to normal diesel vehicles. They do not require charging stations or hydrogen refueling stations, as they can directly utilize clean fuel from electric vehicles at traditional refueling stations. The price of hydrogen-methanol electric heavy trucks is similar to that of conventional heavy trucks, and during the popularization process, they do not require government subsidies, operating entirely through market mechanisms.

Moreover, Inner Mongolia's abundant wind and solar power resources can be used to produce hydrogen, which is then converted into green and stable methanol, thus achieving a clean and stable fuel source without increasing carbon emissions.