
DAVOS, Switzerland -- Setting an investment target by automakers and energy companies could help spur spending on hydrogen-related technologies, Toyota Motor's chairman said Wednesday, referring to the role of a new group formed to promote the no-emissions energy source.
Takeshi Uchiyamada told The Nikkei that he sees great promise for the Hydrogen Council, a body of 13 companies including Toyota and Anglo-Dutch oil major Royal Dutch Shell that was launched at this year's forum in Davos, Switzerland.