Toyota, Nissan, Honda Fund Hydrogen Infrastructure Project
Toyota, Nissan and Honda have agreed on key details regarding a new joint support project for the development of hydrogen station infrastructure in Japan.
In addition to partially covering the operating costs of hydrogen stations — the companies will pay up to $90,000 per station — the three automakers have also agreed to help infrastructure companies deliver the best possible customer service and create a convenient, hassle-free refueling network for owners of fuel cell vehicles (FCVs).
The joint project (conducted alongside the Japanese government’s support for hydrogen stations) will partially cover hydrogen station operating expenses incurred by infrastructure companies. Project partners will jointly raise awareness regarding these support measures, in order to encourage new companies to enter the hydrogen supply business.
Financial assistance will be provided through the Research Association of Hydrogen Supply/Utilization Technology (HySUT), which is setting up a project to stimulate demand for FCVs.
Toyota and Nissan are also members of the US Energy Department’s public-private partnership focused on advancing hydrogen infrastructure for FCVs.
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