Toyota to launch hydrogen gas cell enterprise with Chinese language auto companies, Vitality Information, ET EnergyWorld

Toyota to launch hydrogen gas cell enterprise with Chinese language auto companies, Vitality Information, ET EnergyWorld

SHANGHAI: Japanese automaker Toyota Motor Corp mentioned on Friday it might launch a brand new China three way partnership with Chinese language au

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Toyota to launch hydrogen fuel cell venture with Chinese auto firmsSHANGHAI: Japanese automaker Toyota Motor Corp mentioned on Friday it might launch a brand new China three way partnership with Chinese language auto corporations to develop gas cell programs.

Toyota mentioned it would launch the Beijing-based enterprise with FAW Group, Dongfeng Motor, Beijing Automotive, GAC and Beijing SinoHytec.

The full funding quantity will probably be about 5.02 billion yen ($46 million), Toyota mentioned in an announcement, including it would maintain a 65 per cent share of the enterprise.

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