The move comes as Japan targets the creation of a commercial hydrogen fuel distribution chain by about 2030 to cut carbon emissions, and follows Prime Minister Yoshihide Suga's declaration of an ambitious target of becoming carbon neutral in 2050.
“To implement hydrogen in society in earnest, discontinuous innovation that goes beyond previous efforts is necessary,” Toyota chairperson Takeshi Uchiyamada told a news conference, referring to dramatic changes in an industry that alter end-user behaviour.Other board members include oil refiner Eneos Holdings Inc and trading house Mitsui & Co.Industry minister Hiroshi Kajiyama said he would fully support the movement by the private sector.
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