Friday, 14th January 2011
In General Japan News,
Japan to support fuel-cell car market
A number of key companies in Japan have confirmed plans to help support the development of fuel-call car market within the next five years.
The joint action will include leading oil and gas firms as well as car companies such as Toyota, Nissan and Honda. They hope that added pressure on the government will create a strong domestic market, which could then allow international developments.
Although, there is a growing market in Japan for hybrid and electric cars, there are no fuel-cell powered vehicles available to consumers.
However, increasing demand for eco-cars could support the development of fuel-cell cars as they having a larger ranger than electric cars and water is the only by-product produced.
It is thought that oil and gas companies are planning to build around 100 hydrogen stations in Tokyo, Nagoya, Osaka and Fukuoka by 2015.
Takeshi Uchiyamada, Toyota’s executive vice-president for research and product development, believes that the companies could make fuel-cell cars for less than $100,000, with prices failing as the technology become more commonplace.
Written by Susan Ballion.