Automanufacturers to Jointly Support H2 Refueling Infrastructure in Japan

| Japan, Tokyo

Toyota Motor Corporation, Nissan Motor Co., Ltd., and Honda Motor Co., Ltd. have agreed to work together to help accelerate the development of hydrogen station infrastructure for fuel cell vehicles (FCVs) in Japan. Specific measures, aimed at addressing the chicken and egg conundrum, will be determined by the three manufacturers at a later date.

Following the formulation of its Strategic Road Map for Hydrogen and Fuel Cells in June 2014, the Japanese government has highlighted the importance of developing hydrogen station infrastructure as quickly as possible in order to popularize FCVs. Consequently, the government is not only supporting the installation of hydrogen stations by means of subsidies, but has also resolved to introduce a range of additional policies aimed at promoting activities that generate new demand for FCVs, including partially subsidizing the cost of operating hydrogen stations.

Toyota, Nissan and Honda┬áhave jointly recognized the need for automobile manufacturers to promote the development of hydrogen station infrastructure alongside the government and infrastructure companies, with the aim of working towards achieving the aims of the abovementioned Road Map, the source of the government’s subsidy support. They have committed to giving┬ácareful consideration to concrete initiatives, such as underwriting a portion of the expenses involved in the operation of hydrogen stations.

FCVs are expected to play a central role in the drive towards establishing a hydrogen society in Japan. Toyota, Nissan and Honda are aiming to contribute to bringing about such a society through ensuring the widespread use of FCVs.

(Source: Nissan, Toyota, Honda)

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