Introduction  As one of the main tracks of hydrogen energy development, fuel cell vehicle industry plays a key role in the process of transportation decarbonization. In view of the current policy environment and industrial base, it is necessary to systematically analyze the development trend and challenges of China's fuel cell vehicle market.

  Method  A comprehensive discussion of the fuel cell vehicle market focusing on the market factors such as market size, segmentation direction, equipment and hydrogen source price, etc. was provided in this paper.

  Result  The promotion and application effect of China's fuel cell vehicle market is closely related to the strength of policy support, the clarity of the detailed rules of subsidies and the driving force of local advantageous enterprises. In terms of market distribution, it has shown a certain leader effect according to the comprehensive competitiveness of vehicle and fuel cell enterprises. The price of the vehicle and the fuel cell power system has decreased by 5%~20% compared to 2021, but it still costs a lot in application.

  Conclusion  Although China's fuel cell vehicle marketization is still hampered by the high manufacturing cost and hydrogen price, and the lack of infrastructures, but the fuel cell vehicle industry will show great vitality after further developed in performance verification, infrastructure construction and business structure innovation.