Toyota's Strategic Plan to Lead the Hydrogen Revolution in Japan and Abroad
Key Ideas
- Toyota's hydrogen production plan was chosen by METI to promote GX supply chains, aligning with Japan's decarbonization goals.
- The company aims to dominate the commercial truck market with hydrogen fuel cells by 2030 and supply 75,000 units in Europe and America.
- Toyota targets a 3 gigawatt water electrolysis system business scale by 2030 to further support carbon neutrality efforts.
- Toyota's commitment to promoting hydrogen within the value chain demonstrates its dedication to achieving a sustainable and inclusive society.
Toyota Motor Corporation in Toyota City, Japan, announced its selection by METI for a program supporting the GX field, focusing on fuel cells and water electrolysis systems crucial for carbon neutrality. The initiative aims to establish a domestic GX manufacturing supply chain, leveraging Japan's technology infrastructure and SMEs to lead in hydrogen-related technologies. Toyota plans to strengthen its presence in the commercial truck market with hydrogen fuel cells, aiming to supply 75,000 units in Europe and America by 2030. Additionally, they target a 3 gigawatt business scale for the water electrolysis system by the same year. Toyota's commitment extends to promoting hydrogen across the value chain to support carbon neutrality goals. Through these initiatives, Toyota reinforces its dedication to sustainability, innovation, and creating a hydrogen society, aligning with global efforts towards a greener future.
Topics
Oceania
Innovation
Sustainability
Manufacturing
Commercial Vehicles
Carbon Neutrality
Economic Growth
Supply Chain
Technology Infrastructure
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