The 11 companies have today announced joint establishment of "Japan H2 Mobility, LLC (hereinafter JHyM)", 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 or Hydrogen and Fuel Cells" (revised March 22, 2016), and to further extend the network.