In an effort to provide a greener earth, 13 leading energy, transport, and industry companies have join forces and formed the New Hydrogen Council. The group focuses in redirecting the world toward hydrogen use, as advancement in energy transition.
The Hydrogen Council announced their ambition to increase their investment in the development and commercialization of hydrogen during the launch. Currently, the investment amounts €1.4 billion (around P74 million) a year.
Currently involved in the council are international companies Air Liquide, Alstom, Anglo American, BMW Group, Daimler, ENGIE, Honda, Hyundai Motor, Kawasaki, Royal Dutch Shell, The Linde Group, Total, and Toyota.
With this, the “Hydrogen Council” aims to introduce the versatile energy carrier which does not release any carbon dioxide (CO2). Members of the council see the potential of hydrogen as clean fuel, or energy source, which can play a significant role in cleaning low-carbon energy system. This was further explained in its commissioned report entitled ‘How Hydrogen empowers the energy transition.’
As a recap, Toyota is known to focus more on hydrogen fuel-cell vehicles rather than electrification. However, the Japanese marque recently put up an in-house venture company that will be responsible for electric vehicle (EV) developments.
Latest News
-
Suzuki Philippines serves up great deals for the Ertiga Hybrid and S-Presso / News
Suzuki Philippines kicks off the festive season early with exciting deals on the S-Presso and Ertiga Hybrid.
-
Hyundai Philippines celebrates first N model handover / News
Hyundai Motor Philippines recently celebrated a big day with its first customers of the new IONIQ 5 N and Elantra N models.
-
Get behind the wheel at Ford Island Conquest in Davao and Cagayan de Oro! / News
Ford Island Conquest in Davao and Cagayan de Oro this September with opportunities for test drives and discounts on Ford vehicles.
Popular Articles
-
Cheapest cars under P700,000 in the Philippines
Jerome Tresvalles · Sep 02, 2024
-
First car or next car, the Ford EcoSport is a tough package to beat
Jun 18, 2021
-
Car Maintenance checklist and guide – here’s everything you need to know
Earl Lee · Jan 12, 2021
-
Most fuel efficient family cars in the Philippines
Bryan Aaron Rivera · Nov 27, 2020
-
2021 Geely Okavango — Everything you need to know
Joey Deriquito · Nov 19, 2020
-
Family cars in the Philippines with the biggest trunks
Sep 20, 2023
-
Head to head: Toyota Rush vs. Suzuki XL7
Joey Deriquito · Oct 28, 2020
-
Why oil changes are important for your car
Earl Lee · Nov 10, 2020
-
2021 Kia Stonic — What you need to know about it
Joey Deriquito · Oct 16, 2020
-
Top 7 tips for buying a used car in the Philippines
Joey Deriquito · Nov 26, 2020