Good Afternoon! Thank you for joining us this afternoon. We are excited about
this conference and thrilled to have you here. I am glad to be here to introduce our
new amazing hydrogen fuel cell vehicle named chaser. As we all know that fossil fuel
is getting less all over the world, so a new type of engine is imperative under
nowadays circumstance. Chaser is absolutely a new kind of engine----fuel cell which
means that it is potentially an upmarket product. Our products endeavor to promote
the “faster and environmental friendly” image which is also our company’s faith. Now
please allow me to introduce the advantages of our product. It is very quiet, almost
have no engine noise, clean，amazing acceleration speed，long cruising ability.
Although chaser has so many outstanding characteristics, it has a much more modest
price tag than any other kind of engines.
We have made a meticulous preparation before this announcement, from design,
marketing demand, budget and so on. The whole process really took us a long time
but we think it worth because we want to show you the best we can do. Now let our
team introduces the details about it.
First, let’s welcome the manager of the marketing department, Hanpeijuan, to
give us a brief introduction about the background of the engine market.
In order to reduce vehicle emissions, major automakers have begun to pursue the
fun of driving in the base of respecting environment, today our group is to design
eco-friendly cars. First of all, let us make a survey about the market-oriented
environmental cars. We found that popular green cars are divided into three categories.
They are hybrid electric vehicle ( HEV ) 、 electric vehicle （ EV ） and
fuel
cell vehicle(FCV).
First, what’s hybrid electric vehicle (HEV )? hybrid electric vehicle can meet the
high requirements of low fuel consumption、low emissions. Its power system’s
working principle of HEV is the same as the traditional gasoline car, also needs petrol.
What is unique about it is the two different power sources (engine and motor). The
working principle of HEV is as following:
When the car is in a stationary state, it will shut down the entire power system; it
only uses motor when starting; When driving at full speed, the engine and electric
motor are both working. When braking, the vehicle's kinetic energy can change into
electricity and be stored in the battery.
From the working principles of the HEV, we can see that it can save much more
energy especially when there is a traffic jam. So it has the advantage of class-leading
fuel efficiency、impressive seamless acceleration、world-class low emissions、
surprisingly silent performance because of the combination of engine and motor.
Then, what is electric vehicle? Electric vehicles (EV) will use the electrical
energy stored in the battery to drive the motor and the car, which is very convenient
because the household power can charge the EV. So the advantage of EV is obvious.
Under the same conditions, the cost of EV is less than half of the traditional
automobiles. Electric cars have no emissions at runtime, so won't cause pollution to
the air. And electric cars are much quieter than traditional cars.
There are so many advantages about HEV and EV, how about the market
situation about them? Next I will introduce some models, For examples, BYD·Qin,
the price is about 200,000、Buick lacrosse·eAssist, price is 265,900-285,900、
Lexus·CT200h, price is 279,000-416,000、 Camry·Honour, price is 259,800-329,800、
BYD·E6, price is 369,800, the numbers and models of the green cars are very limited,
because there are some disadvantages about them inhabited them becoming
widespread. For HEV, the car carries an internal combustion engine, which could
generate carbon emissions and produce pollution to the environment. And it’s much
more expensive than the traditional cars. Then for EV, after a full charge, their travel
distance is quite limited. The charge time for electric vehicles is longer than the
traditional cars filled up. And electric vehicles’ battery needs a lot of rare metal, which
is one of the reasons for its high cost.
Then from the standpoint of the industrial chain, HEV and EV are not low
carbon. The CO2 emission of cars are from two parts: WTT(well to tank) and
TTW(tank to wheel), the TTW of electric cars is zero, the number of CO2 emission
depends on the energy generated. From the chart below, we can see that our country’s
WTT is relatively high and our country’s electricity most comes from thermal power,
which can generate much more CO2. So the development of HEV and EV will not
receive very good effect in our country.
So we must design a car that can conform to the economic benefits and
environmental benefits for its popularity. Today our group will design a new kind of
green cars in the base of the survey about HEV and EV. We will still go for a green
route and overcome their shortcomings. That’s the fuel cell vehicles, so we believe the
next 100 years will be the market of FCV.
Now, here cames the most significant part technique department. Pss and Xie are
our chief engineers, they will introduce the kernel of the fuel cell from two different
parts which are hydrogen store and theory of the fuel cell.
Hello, everyone, I am Xie Tianxi, I am glad to share this advanced vehicle with
everyone. It is impossible to mention Fell cell vehicle without mention these two
moments. The first one is the Modern Tucson FCV formal land in California market
on June 10, 2014. The second one is the Toyata Mirai FCV on market on December
15, 2014. Since then, FCV formal entered the public eye.
Recently, through our company team hard study, Chaser FCV has been
successfully landed. This Fuel Cell Vehicle is one of the types of electric vehicles.
Through the chemistry reaction of hydrogen and oxygen, rather than by burning, the
Fuel Cell directly turns energy into electric power. The results of the Fuel cell
reaction will produce little carbon dioxide, nitrogen oxides and water, therefore it is
called new green environment friendly vehicle.
Next, let me introduce the chassis structure and working principle of FCV to
everyone. From this picture, we can see that the fuel cell is located under the front
seat, motor is located in the engine compartment, the energy storage battery located
the rear of the vehicle. Hydrogen, as a fuel in the fuel cell vehicle, react with oxygen
and generate electricity directly drive motor. The mechanical transmission structure of
the vehicle driven by electric motor, and drive the car's front axle and other
mechanical structure, so as to drive electric vehicle. Through power control unit,
Power that Motor will gain for energy recovery is stored in power battery.
From the discussion above, we can find the following characters:
1 No noise
Without the engine running noise, Fuel cell is very quiet.
2 Environment friendly
Through the chemistry reaction of hydrogen and oxygen, the Fuel Cell vehicle
directly turns energy into electric power, the results of reaction will produce water.
3 Long cruising ability
The hydrogen fuel cell vehicle filled up only requires 3 minutes that the vehicle
can be run more than 650 km。
4 Low cost
The price of this vehicle is $60000. To support clean energy vehicles
used popularly, providing $18000 in subsidies, the actual payment of about $42000。
Petrol car need filling station, the same as it, FCV also need hydrogen refueling
station. CEO of Daimler AG in German has said that at present the bottleneck of the
promotion of HFCV mainly is infrastructure, only if there are enough hydrogen
refueling stations, users will be willing to choose FCV. So hydrogen refueling station
should be focused mainly. This picture is Anting hydrogen refueling station in
Shanghai. Now I am going to introduce you about details of hydrogen refueling
station.
Here is the global distribution of hydrogen refueling station; the blue point is
symbolized stations in operation, the orange ones planed. We can see from it that
stations are mainly distributed in the United States, Japan and Europe countries like
German. A related report shows that there are 184 stations in operation all over the
world as of 2015.03, and 47 stations are planned to set up or are setting up. It
indicates that HFCV has already been promoted by developed countries.
Look at the structure of hydrogen refueling station; here we can see it consists
of production system, compression system, storage system and filling system. And
production system and storage system are keys to stations. Next I will show them,
representatively.
Cars require hydrogen purity is equal or greater than 99.99%, and strictly
control the content of impurities, such as carbon monoxide, carbon dioxide. To get
hydrogen, there are several approaches to make it just as ppt shows. The second one
and the third one are mature and environmentally friendly. Especially the second one,
it can utilize power from sustainable energy sources, like solar and wind. Since the
former suits for small and medium-sized station, the later one is for large-scale one.
And our testing is medium-sized, so the corresponding station is also medium-sized.
Then water electrolysis is choosing.
Hydrogen storage has respect to safety of stations. There are three methods;
high-pressure gas storage is the most mature technology which is used by Toyota
successfully. Even low-temperature liquid storage can make better but this progress
will bring high cost and it need special materials to storage hydrogen. Look at these
two pictures, the former is simpler than the later one, which can cut the cost largely.
There is also another way to storage hydrogen----utilizes hydrogen-reserving metal,
it’s promising but it can only used in lab. So we choose high-pressure gas storage,
whose pressure is 700bar for hydrogen storage.
Then is the HFCV testing, this time, our cooperation set this test in Tianjin,
taking two years, one station will contain four hydrogen-filling dispensers, per
dispenser can fill 4~6 cars an hour, taking 3 min for one car to be filling fully. So for
100 cars, three stations with 12 hydrogen-filling dispensers are enough. According to
population distribution in Tianjin, the stations are set up in Heping District, Wuqing
District and Ninghe County.
Furthermore, we have done a lot of research about customers’ demands after the
product design and we make a detailed budget, here cames our financial manager,
Sunjian.
Budget about economy, market prospect and payback of FCV
Hello everyone, I will introduce to you the budget about economy, market and
payback of FCV. This is the main contents I will state. The first part is cost budget of
our whole project. The next part is market prospect of FCV. And the last part is
long-time payback of our product.
Let us begin the first part. Cost budget is mainly divided into two parts, the cost
of auto body and engineering cost of hydrogen refueling station. We are doing to trial
run 100 vehicles and the unit price is 380 thousand yuan. Each vehicle will get 108
thousands government subsides, so the total cost of auto-body is 272 million. We plan
to build 3 hydrogen refueling station, the total cost is 23.4 million. So we need to
invest about 295.4 million yuan altogether.
I will introduce market prospect in following several aspect.
Green power
FCV uses the prompting of oxygen and hydrogen to react to produce electric
power, which has the advantage of zero emissions. It conforms to the theme of
environmental protection and energy saving. Therefore, Chasers will be loved by
consumers and be supported by our government.
The release of safety standards
The release of safety standards will further promote the development of HCV. As
the release of safety standards, the security of FCV is guaranteed and FCV market
will be in the golden development period.
Countries’ fierce competition for market
The latest figures show that the global FCV market share will be up to 180
billion yuan in the next 10 years. It is worth mentioning China has developed a new
generation of fuel cell bus system technology platform and becomes one of few
countries who master key development technology.
The last part is about long-time payback of our product.
Environmental benefits
The product of hydrogen combustion is water which will not pollute the
environment. It can truly achieve the goal of zero pollution. This advantage can’t be
matched by ordinary fuel car. There is no doubt that green environmental protection
industry will get advantage in the market competition.
Sustainable economy reward
First, FCV will be certainly into the rapid development period in the future, so it
is a great development opportunity for our company. If we master the core technology,
we can grasp the market initiative for a long time.
Next, FCV will drive the development of hydrogen storage and hydrogen
transport, so the key technology of the related equipment is also an important source
of economy payback.
Thanks for their detailed and exciting introduction, so this is our new baby and I
have to say it is really amazing. I urge you to get your hands on one of these and see it
for yourself. I hope you love it as much as we do. And this is just a beginning; to be
sure, our team will create more products which you will be fond of in the future.