Toyota Tsusho and Air Liquide Japan in joint venture
According to the agreement, the two companies will establish a new joint venture company (Toyota Tsusho 51%, Air Liquide Japan 49%).
As a first step, the new company will aim to build two hydrogen filling stations in Japan in the Aichi area (Atsuta in Nagoya city and Fukada in Toyota city). Both will be intended for public use, to supply hydrogen for future fuel cell electric vehicles. These stations will be operational in end of 2014, to be ready for when fuel cell vehicles are expected to reach the consumer market in 2015.
As the creation of a hydrogen supply infrastructure is one of the most important issues, for "the ultimate clean energy vehicle" to become public, the objective has been set in Japan: aiming for the installation of 100 hydrogen filling stations in, and alongside the highways connecting to, four major cities (Tokyo, Nagoya, Osaka, Fukuoka) by 2015.Air Liquide Group masters the entire hydrogen supply chain from production and storage to distribution.
Based on this expertise, it has demonstrated leadership in public-private projects concerning hydrogen energy and fuel cell vehicles and has already developed more than 60 hydrogen filling stations for fuel cell vehicles worldwide. Toyota Tsusho focuses on its energy-related business as a pillar, particularly for the adoption of environmentally friendly energy. This major affiliate of Toyota Group has been active in the commercialization of fuel cell electric vehicles. ■