The market for hydrogen energy in Japan is projected to expand to ¥1 trillion in 2030 and reach ¥8 trillion in 2050, with research and development accelerating for a form of energy said to be environmentally friendly, a government-affiliated body said Wednesday. In its ...
Japan is raising the bar for subsidizing zero-emission cars as incentives may exceed ¥3 million a vehicle for Toyota Motor Corp.’s first hydrogen-powered sedan. Rebates from the central and prefectural governments may top a combined ¥3 million per car. Prime Minister Shinzo Abe said ...
Toyota Motor Corp. is planning to provide the major components of fuel cell vehicles to other automakers to promote their entry into the market, company officials said. Since the huge cost of developing the next-generation cars will be difficult for midsize companies to bear, ...
The Ministry of Economy, Trade and Industry plans to offer subsidies to drivers who purchase fuel cell vehicles from fiscal 2015. The rebates are part of a road map adopted Thursday to bring hydrogen into common use as an energy source toward 2040. The ...
Toyota Motor Corp.’s North American chief, preparing to sell Camry-sized hydrogen sedans next year, said he’s “bullish” about advances in the company’s fuel cell system and wants more U.S. supply of the Japan-built cars. Toyota, the world’s largest seller of hybrid-electric autos, is to ...
Toyota Motor Corp., which is getting ready to sell Camry-size sedans powered by fuel cells in the U.S. next year, plans to help create a network of hydrogen stations that may include pumps at car dealers and even trash dumps. The world’s largest automaker ...
Honda Motor Co. says it will exhibit a prototype of a fuel-cell electric vehicle it plans to launch in Japan and the United States in 2015 at the L.A. Auto Show later this month. The automaker released a sketch Monday of the FCEV Concept. ...
With the partnership announced Tuesday by Honda Motor Co. and General Motors Co., major global automakers have now divided into three competing groups in the development of fuel-cell technologies, with each including a Japanese player. Key to taking the lead in the market for ...
