Toyota Hydrogen Factory Sends Strong Message to Industry: The Time is Now

After the news that Toyota Motor Europe is set to establish local business operations for hydrogen, H2 Leaders gives a snapshot into the co-ordinated approach for the commercialisation of hydrogen technology.

The steps to commercialisation of hydrogen is difficult to break down but through TMEs new approach, focussing on everything from development, production, sales and aftersales in one central hub there are hopes for a successful project. 

This hydrogen factory will be used to meet current and future demands for fuel cell systems, while also supporting potential commercial partnerships. 

All of these action plans are in line with the wider strategies of carbon neutrality by 2040.  

By 2030, Toyota anticipates that Europe will emerge as one of the globe’s primary markets for hydrogen fuel cells, experiencing a consistent surge in various applications related to mobility and power generation. 

The impetus for this growth is driven by increasing investments and regulatory actions, such as the European Commission’s Green Deal committing €45 billion by 2027 and the EU’s transport infrastructure fund allotting 284 million euros (about one-third of its budget) for the establishment of hydrogen refuelling stations.

The recent endorsement of the Renewable Energy Directive (REDIII) mandates that 42% of industrial hydrogen usage in Europe must originate from sustainable sources by 2030. 

Concurrently, Europe is strategically establishing hydrogen filling stations at intervals of at least 200 kilometres along the Trans-European Transport Network (TEN-T) corridors, solidifying its pivotal role in the realm of hydrogen technology.