Toyota says to develop alternative fuels with other Japanese vehicle makers By Reuters

© Reuters. FILE PHOTO: The Toyota brand is seen on the bonnet of a newly launched Camry Hybrid electrical car at a resort in New Delhi, India, January 18, 2019. REUTERS/Anushree Fadnavis

OKAYAMA, Japan (Reuters) – Toyota Motor (NYSE:) Corp mentioned on Saturday it’ll accomplice with 4 different Japanese car makers to discover the viability of different inexperienced fuels for inside combustion engine vehicles, together with hydrogen and artificial fuels derived from biomass.

The businesses, which along with Toyota embrace Mazda Motor (OTC:) Corp, Subaru (OTC:) Corp, Yamaha Motor and Kawasaki Heavy Industries, made the announcement at a race observe in Okayama, western Japan, the place Toyota is racing a hydrogen automotive.

The hydrogen race automotive is being pushed by Toyota chief eexcutive Akio Toyoda together with different Toyota drivers.

Changing inside combustion engines to inexperienced fuels corresponding to hydrogen is technologically troublesome, however doing so would enable the businesses to assist decades-old present provide chains using a whole lot of hundreds of employees that they might in any other case must drop as they swap to constructing electrical automobiles (EV).

As nations tighten environmental laws to chop carbon emissions, automakers together with Toyota, are ramping up manufacturing of EVs. Japan has mentioned it goals to be carbon impartial by 2050 and is selling using hydrogen gasoline.

Toyota plans for 15 EV fashions by 2025 and is investing $13.5 billion over the subsequent decade to develop battery manufacturing capability. On the similar, time nevertheless, it’s persevering with to develop automobiles powered by hydrogen.

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