Toyota Motor announces plan for European Hydrogen Factory
The automaker plans to build a place where it can focus on commercializing H2 tech and systems. Toyota Motor Europe has announced that it intends to build a Hydrogen Factory in Europe to give it the ability to align its efforts to commercialize H2 tech and systems. The location will focus on everything from R&D to production, sales and beyond. Hydrogen Factory Europe will be used for the production of a growing number of H2 fuel cell systems. Moreover, it will enter into a rising number of commercial partnerships. The goal is to support the automaker’s efforts to achieve its 2040 carbon neutr…
The automaker plans to build a place where it can focus on commercializing H2 tech and systems.
Toyota Motor Europe has announced that it intends to build a Hydrogen Factory in Europe to give it the ability to align its efforts to commercialize H2 tech and systems.The location will focus on everything from R&D to production, sales and beyond.
Hydrogen Factory Europe will be used for the production of a growing number of H2 fuel cell systems. Moreover, it will enter into a rising number of commercial partnerships. The goal is to support the automaker’s efforts to achieve its 2040 carbon neutrality goal in Europe. This represents a commitment one decade shorter than the company’s global goal. The automaker has predicted that the European market will be among the largest for H2 fuel cells by the end of the decade. It sees the technology growing steadily in various applications in mobility and power generation alike. Among the main drivers accelerating the adoption of this technology in Europe include growth in regulatory measures and investment. Most notable among the regulatory measures includes the European Commission Green Deal’s commitment of €45 billion by 2027 as well as the €287 million earmarked for the installation of refueling stations through the EU’s transport infrastructure fund. The Renewable Energy Directive (REDIII) confirmation has a requirement that by the end of the decade, European industry must ensure that at least 42 percent of the H2 it uses comes from sustainable sources. This, combined with Europe’s intention to construct H2 refueling stations at least every 200 kilometers throughout the region’s trans-European Transport Network (TEN-T), it has aligned the EU to become a key H2 market.This helps to explain why Toyota has made a priority of its Hydrogen Factory in the European market.
“Europe is showing long-term confidence in hydrogen and so do we. We will continue to develop fuel cell passenger cars and other light duty vehicles while we have broadened our focus towards heavy-duty transport to support the expansion of viable hydrogen infrastructure,” said Toyota Motor Europe Vice President and Head of Fuel Cell Business Thiebault Paquet. “We aim to further develop and learn through testing in our own network and with partners who share our approach.” [caption id="attachment_61920" align="aligncenter" width="1200"]
A Toyota Fuel Cell Heavy Truck - Image Source: Toyota Motor[/caption]