March 5, 2018
Toyota Motor Corporation
Nissan Motor Co. Ltd.
Honda Motor Co. Ltd.
JXTG Nippon Oil & Energy Corporation
Idemitsu Kosan Co. Ltd.
Tokyo Gas Co. Ltd.
Toho Gas Co. Ltd.
Air Liquide Japan Ltd.
Toyota Tsusho Corporation
Development Bank of Japan Inc.
The below-mentioned 11 companies have today announced joint establishment of “Japan H2 Mobility, LLC (hereinafter JHyM)”, aimed at the full-fledged development of hydrogen stations for fuel cell vehicles (FCV) in Japan.
The newly formed JHyM will foster the deployment of hydrogen stations throughout Japan under the guidance of the Japanese Central Government’s Ministerial Council on Renewable Energy, Hydrogen and Related Issues (“Basic Hydrogen Strategy” published on December 26, 2017). In alignment with Central Government policies, the 11 founding companies joined forces to create the world’s first framework in which not only infrastructure developers and automakers but also investors are involved in collaboration, based on the common belief in the effectiveness of hydrogen and FCV for mobility and continued sustainable societal development.
To tackle the key issues raised during the beginning stage of FCV promotion, JHyM will ensure that infrastructure developers, automakers, and investors each do their part to support the successful strategic deployment of hydrogen stations in Japan, promoting effective operation, and facilitating a positive cycle of improved convenience for FCV users. The ultimate goal of JHyM is to smoothly increase the number of FCV on the road in Japan, and thus to sustainability build the hydrogen station business.
JHyM aims to complete its mission within 10 years. It intends to start building 80 stations nationwide by fiscal year 2021 in line with the Japanese Central Government’s “Strategic Road Map for Hydrogen and Fuel Cells” (revised March 22, 2016), and to further extend the network afterward. This roadmap released by the Council for a Strategy for Hydrogen and Fuel Cells targets the completion of about 160 hydrogen stations serving around 40,000 FCV by fiscal year 2020.
JHyM will take on the following specific initiatives:
1. Strategic deployment of hydrogen stations
2.Contribution to efficient hydrogen station operation
By collecting and utilizing information regarding the construction and operation of hydrogen stations through infrastructure developers, which will oversee operations of hydrogen stations, the new company, which will deploy and own stations nationwide, will contribute to efficient operations and other road map objectives in the following ways:
The following key roles and responsibilities are undertaken by the founding member companies of JHyM:
JHyM will start operating in April 2018, aiming to attract the wider participation of hydrogen station operators and investors, and to achieve sustainable hydrogen station business and FCV development in Japan.