Methanol as Vehicle Fuel
Methanex continued to support the sustainable growth of methanol as a vehicle fuel in China.
In China, increasingly stringent air quality standards are supporting the adoption of methanol as a clean-burning vehicle fuel. Methanol fuel significantly reduces air pollutants when used in place of gasoline or diesel.
In 2018, the Ministry of Industry and Information Technology (MIIT) successfully completed its M100 (100% methanol fuel) national vehicle pilot program. In March 2019, together with seven other ministries in China, the MIIT published guidelines to promote the use of M100 vehicles. The guidelines will allow provinces throughout China to commercialize M100 and opens up the market to additional types of M100 vehicles, including sedans, buses, and trucks.
Methanex has been working with automobile manufacturer Geely and other partners in two provinces in China to support the growth of M100 in this country. We helped provide training sessions in Xi’an, Shaanxi province, where approximately 10,000 new M100 taxis are expected in 2019. Similarly, in Guizhou province (where there are already more than 5,000 M100 taxis operating), we are supporting an additional 8,000 taxis in 2019.
To support this growth, the Xi’an government also announced that M100 vehicles are eligible to use the city’s bus lanes and are exempt from the city’s road-space rationing program.