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toyota-launches-second-chinese-hydrogen-fuel-cell-jv-with-state-owned-firm
toyota-launches-second-chinese-hydrogen-fuel-cell-jv-with-state-owned-firm

Toyota launches second Chinese hydrogen fuel cell JV with state-owned firm

Toyota has launched a new hydrogen fuel cell joint venture (JV) in China with state-owned Shudao Group and its subsidiary, Sichuan Shudao Equipment Technology.

Marking Toyota’s second fuel cell JV in China, Shudai Toyota Hydrogen Energy Technology Co. will set up base in Chengdu, Sichuan, with a 10,000m2  facility.

The JV is expected to be operational ‘within the year,’ focusing on the production, sale, and commercial use of hydrogen fuel cells.

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