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Group Aims to Build 80 Hydrogen Fueling Stations in Japan
A consortium led by Toyota Motor Corp. and JXTG Holdings aims to build 80 hydrogen fuel stations in Japan by early 2022 to support fuel cell-powered vehicles.
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A consortium led by Toyota Motor Corp. and JXTG Holdings aims to build 80 hydrogen fuel stations in Japan by early 2022 to support fuel cell-powered vehicles, The Nikkei reports.
Other members of the group include Honda, Nissan, Tokyo Gas, oil refiner Idemitsu Kosan, trading house Toyota Tsusho and the Development Bank of Japan.
The group hopes to drive down the cost of a hydrogen station, currently about 450 million yen ($4 million), by placing all orders through a single joint venture to be launched next year.
Japan has some 1,700 fuel cell vehicles on the road today, served by 90 hydrogen stations. The consortium intends to build its outlets in major cities. The new facilities will be managed by JXTG and industrial gas supplier Iwatani Corp., both of which already operate hydrogen power programs.
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