Japans Big 3 Automakers jointly announced their support for Hydrogen in a press conference on July 1.
Lets see what happens, because the Japanese never do anything just for the sake of it. Not without careful and methodical deliberation.Held at the epicenter of Japan’s auto business, at the seat of the Japanese manufacturer association JAMA, and sundry other automotive bodies, the three automakers vowed to keep hydrogen fuel stations in Japan open and alive until there is sufficient demand to cover the overhead. Basically, the automakers vowed to spend up to 40 million US$ to defray up to a third of the operating costs of hydrogen fuel stations. This financial support comes on top of that by the Japanese government, which will pay roughly half of what a hydrogen fuel station costs to build.
The outlays will be split among the three automakers according to the numbers of FCV cars they sell. This will shoulder Toyota with most of the cost, while Nissan and Honda will show mostly moral support, at least in the beginning. Toyota is the only company that has released a commercial FCV car, the Mirai, even if it will be limited to homeopathic numbers for the time being. Honda said it will release an FCV next year. Nissan’s lukewarm support of the hydrogen society may result in an FCV by the end of the decade.