Toyota sets up study of hydrogen and green technologies in China
Japanese carmaker to share technology as it seeks to expand its business
Beijing — Japan’s Toyota is setting up a research institute in Beijing in partnership with Tsinghua University to study car technology using hydrogen power and other green technologies that could ease environmental problems in China. The initiative, outlined by Toyota president and CEO Akio Toyoda in a speech at Tsinghua University on Sunday, is part of the Japanese carmaker’s efforts to share more technology with China as it seeks to expand its business in the country by beefing up manufacturing capacity and distribution channels, a source close to Toyota said. The Tsinghua-Toyota Joint Research Institute will conduct research into cars and new technology to solve environmental problems in China, including reducing traffic accidents, Toyota said. The institute will “cooperate in research not only related to cars for Chinese consumers, but also in research related to active utilisation of hydrogen energy that can help solve China’s energy problems”, the company said. The move dovet...
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