ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Automobiles

China's subsidies to fast-track development of fuel cell vehicles

Toyota expects windfall from program, which does not exclude foreign automakers

Chinese government subsidies for fuel cell vehicles will target mostly buses and other commercial vehicles. (photo from local TV news report)

BEIJING -- The Chinese government said Monday it will roll out subsidies to companies developing core fuel cell technology in a bid to boost the country's competitive advantage in producing the hydrogen-propelled autos.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more