Honda: Japan H2 Mobility, LLC Established by Eleven Companies to Accelerate Deployment of Hydrogen Stations in Japan
March 04 2018 - 9:38PM
JCN Newswire (English)
The below-mentioned 11 companies have today announced joint
establishment of "Japan H2 Mobility, LLC, aimed at the full-fledged
development of hydrogen stations for fuel cell vehicles (FCV) in
Japan.
The newly formed JHyM will foster the deployment of hydrogen
stations throughout Japan under the guidance of the Japanese
Central Government's Ministerial Council on Renewable Energy,
Hydrogen and Related Issues ("Basic Hydrogen Strategy" published on
December 26, 2017). In alignment with Central Government policies,
the 11 founding companies joined forces to create the world's first
framework in which not only infrastructure developers and
automakers but also investors are involved in collaboration, based
on the common belief in the effectiveness of hydrogen and FCV for
mobility and continued sustainable societal development.
To tackle the key issues raised during the beginning stage of FCV
promotion, JHyM will ensure that infrastructure developers,
automakers, and investors each do their part to support the
successful strategic deployment of hydrogen stations in Japan,
promoting effective operation, and facilitating a positive cycle of
improved convenience for FCV users. The ultimate goal of JHyM is to
smoothly increase the number of FCV on the road in Japan, and thus
to sustainability build the hydrogen station business.
JHyM aims to complete its mission within 10 years. It intends to
start building 80 stations nationwide by fiscal year 2021 in line
with the Japanese Central Government's "Strategic Road Map for
Hydrogen and Fuel Cells(1) (revised March 22, 2016), and to further
extend the network afterward. This roadmap released by the Council
for a Strategy for Hydrogen and Fuel Cells targets the completion
of about 160 hydrogen stations serving around 40,000 FCV by fiscal
year 2020.
JHyM will take on the following specific initiatives:
1. Strategic deployment of hydrogen stations
The new company will, while taking into account subsidies from the
national government and initiatives of local governments, develop
its own original "Hydrogen Station Deployment Plan," in order to
create an environment in which many users can enjoy driving fuel
cell vehicles in Japan.
Wider participation than its initial member companies is to be
sought to ensure to complete the target deployment plan.
2. Contribution to efficient hydrogen station operation
By collecting and utilizing information regarding the construction
and operation of hydrogen stations through infrastructure
developers, which will oversee operations of hydrogen stations, the
new company, which will deploy and own stations nationwide, will
contribute to efficient operations and other road map objectives in
the following ways:
a. Improvement of convenience for FCV users
In order to encourage customers to use hydrogen, JHyM will improve
the convenience of stations, coordinating with the Association of
Hydrogen Supply and Utilization Technology (HySUT), an industrial
association of hydrogen station developers, for example by
extending the number of service days per week to meet increased
demand.
a. Cost reduction and regulation review
JHyM will collaborate with external organizations, such as the Fuel
Cell Commercialization Conference of Japan (FCCJ) and HySUT, to
reduce cost by addressing issues such as the standardization of
equipment and revision of regulations.
The following key roles and responsibilities are undertaken by the
founding member companies of JHyM:
Infrastructure developers will contribute some capital, construct
hydrogen stations, and operate them.
Automakers will entrust infrastructure developers to operate the
hydrogen stations through JHyM, to help promote the expansion of
hydrogen stations and FCV.
Investors will contribute to scaling-up the deployment of hydrogen
stations in the future with financial means. They will partially
cover station deployment costs through investments in JHyM. By
providing the funds necessary until the hydrogen station business
becomes commercially sustainable, they will help reduce the initial
financial burden borne by infrastructure developers and will help
attract new participants.
JHyM will start operating in April 2018, aiming to attract the
wider participation of hydrogen station operators and investors,
and to achieve sustainable hydrogen station business and FCV
development in Japan.
About Honda
Honda Motor Co., Ltd. (TSE:7267 / NYSE:HMC / LSE:HNDA) is one of
the leading manufacturers of automobiles and power products and the
largest manufacture of motorcycles in the world. Honda has always
sought to provide genuine satisfaction to people worldwide. The
result is more than 120 manufacturing facilities in 30 countries
worldwide, producing a wide range of products, including
motorcycles, ATVs, generators, marine engines, lawn and garden
equipment and automobiles that bring the company into contact with
over 19 million customers annually. For more information, please
visit http://world.honda.com.
Source: Honda
Contact:
Honda
Media Inquiries
corporate_pr@hm.honda.co.jp
+81-3-5412-1512
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