Article

Methanol is emerging as a cost-effective transport solution in China, particularly through Farizon New Energy's methanol-hydrogen technology, which boasts 50.3% thermal efficiency and significantly lower fuel costs compared to diesel. With the ability to retrofit existing fuel stations and a driving range of about 1,500 kilometers, this technology offers a viable alternative to battery electric vehicles, although further improvements in refueling standards and incentives are necessary. Industry experts advocate for methanol as a complementary option to electrification for commercial vehicles.