Chevron USA plans to collaborate with Toyota Motor North America in the product sector. According to the strategic alliance of the two companies, the development and economic consumption of hydrogen in proportionate dimensions are underway.
One of the energy-oriented companies and the world's largest automaker plan to pursue cooperation in three main areas: cooperation on hydrogen-related national policies that support the development of hydrogen infrastructure, understanding the current and future market order for light and heavy electric vehicles fuel cells, and providing opportunities for this demand and ultimately explore common chances in research and growth on hydrogen transport and storage.
"We look forward to working with Toyota," said Andy Wells, Chevron's director of lubricants and fuel. Working on a strategic hydrogen alliance remains an opportunity for a profitable business in a low-carbon region, which are complements our current offerings. "This opportunity takes advantage of our market position, assets, technology, and organizational capacities and supports our efforts to help a less carbon-neutral future."
This is another important step in building a hydrogen economy," said Bob Carter, Toyota's senior vice president of North America. Combining decades of Toyota experience in developing hydrogen fuel cell electric technology with Chevron's deep energy resources can create new transportation choices for consumers and businesses, which of course leads us to the goal of carbon offsetting. Give. "
Chevron USA is a subsidiary of Chevron Corporation, one of the world's leading energy companies. Chevron is based in San Ramon, California. Toyota Motor North America is a holding company owned and sold by the Japanese automaker Toyota Motor in the United States.