Toyota establishes new European Fuel Cell Business Group to support and stimulate this growth with like-minded partners
Source: Toyota Europe Newsroom
Brussels, 07 December – The potential of hydrogen to help achieve a future zero-emissions society, as set out in the global Sustainable Development Goals (SDG), is generating fast-growing interest and investment around the world, with businesses and consumers alike becoming ever more aware of the benefits it can deliver, across a wide range of applications.
To maximize the opportunities for hydrogen in Europe, Toyota Motor Europe (TME) has established a Fuel Cell Business Group to oversee its hydrogen activities across the region. Based in Brussels, it will strengthen the business case for hydrogen and support its introduction into mobility and other fields, making it accessible to new commercial partners. This will support the company’s long-term sustainability strategy in order to have a deeper impact on the SDGs.
Speaking at Toyota’s Kenshiki forum last week, Thiebault Paquet, Director of the Fuel Cell Business Group said:
The benefits of hydrogen are clear. That’s why we expect our global sales of fuel cell systems to increase by a factor of 10 in the short term, and why we have dramatically increased our production capacity.
Toyota is leading the way with strong investment in the Hydrogen Society, through next-generation vehicles, the opening of new markets and technology applications, in extra fuel cell production capacity, and in our organization here in Europe.
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Toyota is at the forefront of hydrogen technology innovation, having introduced the Mirai, the world’s first commercialized hydrogen fuel cell electric sedan, in 2014. Since, development of the Toyota fuel cell system has continued, making it more compact, lighter, and yet also more energy-dense. In 2021, the comprehensively improved system will debut in the next generation Mirai.
Toyota’s technology has the flexibility to be used not just in cars, but to produce zero-emission power in multiple applications. It is already powering trucks, urban bus fleets, fork lifts and generators. Tests are also under way for its use in boats and trains.
To accelerate hydrogen’s widespread take-up, Toyota will focus on hydrogen “clusters” or eco-systems in European centres where a local infrastructure is supporting transport fleets and mobility services. It believes activity like this will drive demand for hydrogen, bringing down costs and strengthening the viability of the supply infrastructure, which in turn will attract more customers.
Through the new Fuel Cell Business Group, Toyota will work closely with industry partners, national and regional governments and organizations to stimulate the development of hydrogen eco-systems in more locations and progress towards the goal of a Hydrogen Society for the benefit of all.