| > Is it pride and inability to accept failure, or are there valid reasons for this and Toyota could still emerge as a big winner? Japan (and China, Europe and other regions) are investing in hydrogren based mobility. Japan has a bit over 100 fuel cell stations right now, and aims for over 300 stations and 200k vehicles in 5 years. [0] Toyota is one of the companies creating both the stations and also hydrogen based vehicles. They also sold about 3k of their hydrogen-based Mirai cars [2]. German company Bosch only started hydrogen fuel cell production in 2019 [1]. This is all very miniscule compared to the electic cars of today, but a hydrogen economy has a few important advantages, IMO the most important one is that hydrogen production can occur at times when energy is in abundance, which gets more and more important with rewewables based energy networks. Vehicles can also be fueled just as fast as ICE vehicles today, and hydrogen has much higher energy density than current battery technology. From a strategic POV it makes sense for countries to look at hydrogen. [0] https://www.airliquide.com/magazine/energy-transition/hydrog... [1] https://www.japantimes.co.jp/news/2020/01/15/business/corpor... [2] https://www.hindustantimes.com/autos/toyota-nissan-honda-amo... |