Toyota, Nissan, Honda to Fund Hydrogen Fuel Cell Infrastructure in Japan

by Vikas Vij
Jul 8, 2015 5:00 PM ET
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According to the U.S. Department of Energy, hydrogen fuel cells are a reliable, clean, quiet and efficient source of energy. While gasoline and diesel vehicles emit nitrogen oxides, hydrocarbons and particulate matter, which are a major source of pollution, Hydrogen-powered fuel cell vehicles emit none of these harmful substances. Their only emission is water and warm air.

Toyota Motor Corporation, Nissan Motor Co., Ltd., and Honda Motor Co., Ltd. have joined forces to develop hydrogen station infrastructure in Japan. The three automakers will partially cover the costs of hydrogen stations, and will also provide support to infrastructure companies for the creation of a hassle-free refueling network for the owners of fuel cell vehicles (FCVs).

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Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.