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china's first hydrogen tram suspended: the rise and fall of a "demonstration project" costing hundreds of millions

2024-08-30

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[the gaoming tram, with a total investment of more than 800 million yuan, has been in operation for several years, but due to the long-term slump in passenger flow, it has almost become an "empty car parade".]

[as the name suggests, the focus of this expensive demonstration line from the beginning was more on "demonstration" rather than "business", that is, it hopes to demonstrate the determination of the local development of rail transit manufacturing and hydrogen energy industries, and the return is expected to be on "related items" rather than the rail project itself. such ideas and practices are not unique to gaoming district.]

[ with the gaoming tram suspended, have the expectations for this hugely expensive demonstration project been realized? ]

[the total investment in the first phase of the gaoming tram project is as high as 838 million yuan. if calculated based on the ticket revenue in 2020, it will take 1,523 years of continuous operation to recover the investment.]

in gaoming district, foshan city, guangdong province, the world's first commercially operated hydrogen tram demonstration line has attracted much attention. recently, this modern tram demonstration line (hereinafter referred to as "gaoming tram") announced that it would suspend operations. the official reason given by the operator, foshan gaoming modern rail transit construction investment co., ltd. (hereinafter referred to as "gaoming rail investment company"), was: "equipment and facilities are undergoing maintenance."

this project, with a total investment of more than 800 million yuan, has been in operation for several years, but due to the long-term slump in passenger flow, it has almost become an "empty cruise".

some people do not believe the statement that "equipment and facilities are under maintenance" because generally speaking, rail transit maintenance work should be arranged at night or other non-operating hours to reduce interference with public travel. it is rare to directly stop the entire line for maintenance.