Toyota Hydrogen Fuel Cell Cars with Chinese Auto Companies

09 Jun 2020

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Toyota Hydrogen Fuel Cell Cars with Chinese Auto Companies

Toyota Motors is the Japanese manufacturer and it has announced the complete plan to support the Chinese auto companies regarding the developing of the hydrogen fuel cells in China. Toyota Hydrogen Fuel Cell Cars with Chinese Auto Companies.

Toyota stated the Chinese joint venture is added with Beijing Automotive Group BAIC Group, Guangzhou Automatic group GAC Group, China FAW Corporation, Dongfeng Motor Corporation and Beijing SinoHytec.

Toyota will make the investment of about 5.02 billion Yen $46 million and held 65% shares of the joint venture. The venture produces the fuel cell systems for Fuel Cell Electric Vehicles, which can help China to get the green transportation system.

It is struggling to promote the FCEVs, and FCRD assists to decrease the CO2 emissions and also helps in reduction of the air pollution plaguing China.

You can find the significance of the FRCD by the views of the Operating Officer of Toyota for the global fuel cell strategy that there is no automobile mark with such sense of speed and we will gain partners to work with toward shared target of the increasing use of FCEVs in China.

Toyota Hydrogen Fuel Car Toyota Car Chinese Auto Companie

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