Leading Chinese Car Manufacturer, Great Wall Motor (GWM), has signed a Memorandum of Understanding with H2 MOBILITY to become its seventh shareholder and co-owner. It will contribute additional investment to the company and acquire a minority share in H2 MOBILITY. GWM thereby joins the six existing shareholders, namely Air Liquide, Daimler, Linde, OMV, Shell and TOTAL.
On October 24, at the 3rd International Hydrogen and Fuel Cell Vehicle Conference (FCVC 2018) held in Rugao, Jiangsu, Great Wall Motor officially announced that it had signed a memorandum of understanding with H2 MOBILITY Deutschland (hereinafter referred to as H2M). By providing additional investment in H2M, it became the seventh shareholder outside Air Liquide, Daimler, Linde, OMV, Shell and Total.