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toyota-motor-increases-hydrogen-demand-after-announcing-sales-targets-for-fcvs-from-2020
toyota-motor-increases-hydrogen-demand-after-announcing-sales-targets-for-fcvs-from-2020

Toyota Motor increases hydrogen demand after announcing sales targets for FCVs from 2020

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Toyota Motor has announced its plans to sell more than 50,000 fuel cell vehicles (FCVs) by the year 2025, generating an increased demand for hydrogen (H2) from the industrial gas industry.

The Japanese company aims to sell in excess of 10,000 FCVs per year from 2020, directly linking to a higher demand on the H2 productioninfrastructure, for both stations and supply methods.

Based on an annual usage of 6,300 miles, each FCV would consume around 1,100m3 of H2. It is therefore estimated that the requirement for H2 for this sales target would be 55m m3 each year, meaning new H2 plants would need to be installed.

An approximation of 81 new factories, primarily based in Tokyo, Nagoya, Osaka and Fukuoka, would need to be instated to accommodate the proposed sales target, according to The Gas Review.

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