Japan: Toyota, Nissan and Honda join forces to build hydrogen station network
Toyota Motor Corporation, Nissan Motor Co., Ltd., and Honda Motor Co., Ltd. will join their expertise and capital to help set up faster hydrogen station infrastructures and take advantage of government subsidies, according to a statement published February 13 in WebWire.
One big obstacle to sell Fuel Cell Vehicles is the lack of a power station infrastructure and while there are companies “making every effort to build such an infrastructure, they face difficulties in installing and operating hydrogen stations while FCVs are not common on the road,” it said.
“The (Japanese) 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” the station, the statement added.
Toyota, Nissan and Honda said they have yet to work out their contribution plan and consider possibilities like a decision to possibly finance part of the expenses of operating the hydrogen stations.
Decisions resulting from this first accord towards hydrogen infrastructure cooperation will be announced later, the statement said.
