Toyota Plans To Develop Light-Duty Fuel Cell Electric Trucks

  • Toyota Motor Corp TM plans to work with Isuzu Motors, Ltd ISUZYHino Motors Ltd HINOF, and Commercial Japan Partnership Technologies Corp (CJPT) to develop light-duty fuel cell electric trucks for the mass-market.
  • The joint initiative is expected to contribute to realizing a hydrogen society and carbon neutrality by expanding the options available for customer use.
  • FC technology runs on high energy density hydrogen and has zero CO2 emissions while driving.
  • It will be introduced to the market after January 2023 and used by the partners at actual distribution sites in Fukushima Prefecture and Tokyo social implementation projects.
  • Price Action: TM shares closed lower by 1.57% at $157.90 on Wednesday.
  • Photo Via Company
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