In 2021, Seven-Eleven, FamilyMart, and Lawson will conduct a trial operation of light-duty FCETs (max. payload: 3 tons) jointly developed by Toyota and Hino, to verify its practicality and convenience as part of considerations for its roll out.
Eighty-eight Japanese companies including Toyota Motor and the country's three mega banks joined the Japan Hydrogen Association that was set up on Monday to encourage the wider use of hydrogen by establishing a fund and supporting new projects.
"Our country needs a source of growth post-coronavirus," he said. "The core of that will be green and digital." Suga vowed to boost the economy through green investment and digital innovation. The fund would "continue to support companies engaged in ambitious innovation [in environmental areas] for the next 10 years," he pledged. "We see hydrogen, of which there is inexhaustible…
But it’s all easier with a coherent blueprint that does at least four things: leverages existing advantages; encourages green hydrogen production with flagship projects, including funding to bridge the transition; supports the development of transport and storage resources; and boosts demand. Plenty of big economies, not least China and the U.S., have yet to outline granular plans and detailed support…
That uncertainty could drive wildly different outcomes. If existing capacity is low and learning rates are high, green hydrogen may revolutionize energy as dramatically as wind, solar and batteries have done. If existing capacity is high and learning rates are low, investors might give up on the technology long before it’s able to scale up.