Honda Japan Plant Transformation for Hydrogen Fuel Cell Production
Key Ideas
- Honda is converting a powertrain plant in Moka City, Japan, to produce fuel cell systems for hydrogen vehicles starting in 2027.
- The plant will have a high-efficiency production capacity of 30,000 units annually and will receive a government subsidy for the project.
- Honda aims for a 5% share of the FC-powered truck market by 2030 and a 30% market share by 2040, with a focus on advancing hydrogen technology.
- The company has already launched a hydrogen-powered, battery hybrid CR-V in the US and is collaborating with GM to improve fuel cell systems.
Honda is repurposing a powertrain plant in Moka City, Tochigi Prefecture, Japan, to manufacture fuel cell systems for hydrogen vehicles, set to begin production in 2027. This initiative marks Honda's first facility solely dedicated to producing fuel cells developed in-house, equipped with cutting-edge technology for high-efficiency and high-quality output. The company anticipates an annual capacity of 30,000 units and is set to receive a substantial government subsidy for the project, facilitated by Japan's Ministry of Economy, Trade, and Industry (METI). With ambitions to capture a significant market share in the FC-powered truck sector, Honda targets a 5% share by 2030 and aims for 30% by 2040. In addition to their US launch of a hydrogen-powered CR-V, they have collaborated with GM to enhance fuel cell systems. This joint venture has resulted in a more durable and cost-effective system, showcasing Honda's commitment to advancing hydrogen technology.
Topics
Fuel Cells
Technology
Automotive
Manufacturing
Fuel Cell Systems
Merger
Market Share
Hydrogen-powered Vehicles
Government Subsidy
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