Print Edition - 2018-03-06  |  Money Digest

Car giants team up for hydrogen stations

- AFP, TOKYO

Mar 6, 2018-

Top Japanese carmakers said on Monday they were teaming up to nearly double the amount of hydrogen stations in Japan, as the car-mad country seeks to head off competition from China and Germany. Toyota, Nissan and Honda formed a joint venture with major gas and energy companies, including French industrial gases company Air Liquide, to build 80 new hydrogen stations in the next four years, to add to the 101 stations currently in Japan. “At this stage, we believe there is significant space for cooperation, rather than searching for areas of competition,” Shigeki Terashi, Toyota executive vice president told reporters. 

Published: 06-03-2018 08:56

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