Market Chatter: Toyota Explores Hydrogen for Parts Transport, Factory Power

MT Newswires Live

8小时前

Toyota Motor (TYO:7203) is exploring hydrogen to move auto parts and potentially power its plants amid rising fuel costs from the Iran war, Bloomberg News reported Friday, citing Vice Chairman Koji Sato in a recent interview.

Sato confirmed that supplier logistics could also adopt the fuel in the future, the report said.

With poor sales of hydrogen cars in Japan, Toyota now shifts focus to commercial fleets and industrial applications, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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