Toyota teams up with Japanese firms to study large-scale carbon-neutral fuel use
Toyota has teamed up with other Japanese companies to study large-scale carbon-neutral fuel use by 2030.
KEY TAKEAWAYS
When does Toyota and its partners plan to introduce large-scale carbon-neutral fuel use in Japan?
Toyota and its partners is studying the viability of large-scale carbon-neutral fuel use in Japan by 2030.What is Toyota's role in the said study?
Per Toyota, its role in ths study is to help spread EVs and reduce the CO2 emissions of ICE-equipped vehicles.According to Toyota, the collaborators of the said pilot project are Idemitsu Kosan Company Limited, Eneos Corporation, and Mitsubishi Heavy Industries (MHI).
For its part, the Japanese carmaker not only helps in spreading electric vehicles but also in reducing the carbon dioxide (CO2) emissions of automobiles equipped with internal combustion engines.
Toyota noted that it will consider the development of engines specifically designed for electrified vehicles that contribute to the spread of carbon-neutral fuels.
Idemitsu, on the other hand, is working on building a steady supply of diverse, eco-friendly fuel. To this end, the petroleum refineries company is seeking the early introduction and spread of carbon-neutral fuels (synthetic fuels and biofuels) while collaborating with various companies within and outside Japan.
For Eneos’ part, the oil company will take on the challenge of achieving both a stable supply of energy and materials.
Eneos is undertaking various initiatives to reduce greenhouse gas emissions — including using hydrogen and renewable energy — and is carrying out business development of carbon-neutral fuels.
Lastly, MHI is actively working to build a CO2 solutions ecosystem and a hydrogen solutions ecosystem. Mitsubishi’s subsidiary plans to achieve its goal by utilizing its existing products, technologies, and services that help reduce CO2 emissions and develop new solutions and innovations with partners around the world.
“Collaboration and partnership across industries are essential for the spread of carbon-neutral fuels toward the realization of a carbon-neutral society. As the first step in this direction, Idemitsu Kosan, Eneos, Toyota, and MHI will collaborate to undertake a study toward the introduction and spread of carbon-neutral fuels,” Toyota wrote in a press statement.
Photos from Toyota
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