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H2-View News: Chinese electrolyser OEMs sign pledge to end ‘vicious’ competition
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H2-View News: Chinese electrolyser OEMs sign pledge to end ‘vicious’ competition
Under the “Healthy Development Initiative”, signed by manufacturers such as Schaeffler Hydrogen Technology and Sinopec Hydrogen Energy, they aim to shift competition from the lowest price to the highest value. According to the China Hydrogen Alliance, the move follows direct guidance from Beijing to curb “involution-style” competition. The newly signed initiative ensures companies commit to avoiding below-cost bidding, overhyping electrolyser ef…
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