Chevron, Toyota Pursue Strategic Alliance on Hydrogen
21 Abril 2021 - 07:00AM
Business Wire
Chevron U.S.A. Inc., through its Chevron Products Company
division (Chevron), and Toyota Motor North America, Inc. (Toyota)
announced a memorandum of understanding to explore a strategic
alliance to catalyze and lead the development of commercially
viable, large-scale businesses in hydrogen, with the goal to
advance a functional, thriving global hydrogen economy.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20210421005208/en/
Chevron and Toyota are seeking to work on three main strategic
priorities: collaborating on hydrogen-related public policy
measures that support the development of hydrogen infrastructure;
understanding current and future market demand for light-duty and
heavy-duty fuel cell electric vehicles and supply opportunities for
that demand; and exploring opportunities to jointly pursue research
and development in hydrogen powered transportation and storage.
“We are excited to collaborate with Toyota. Working towards a
strategic alliance on hydrogen presents an opportunity to build a
large-scale business in a low-carbon area that is complementary to
our current offerings,” said Andy Walz, president of Chevron’s
Americas Fuels & Lubricants. “This opportunity leverages our
market position, assets, technology, and organizational capability
and supports our efforts to help advance a lower-carbon
future.”
“This is another important step toward building a hydrogen
economy,” said Bob Carter, executive vice president, Toyota Motor
North America. “Combining Toyota’s decades of experience in
developing hydrogen powered fuel cell electric technology with
Chevron’s deep resources in the energy sector has the potential to
create new transportation choices for both consumers and businesses
that move us toward our goal of carbon neutrality.”
About Chevron
Chevron U.S.A. Inc. is a subsidiary of Chevron Corporation, one
of the world’s leading integrated energy companies. Through its
subsidiaries that conduct business worldwide, Chevron Corporation
is involved in virtually every facet of the energy industry.
Chevron explores for, produces and transports crude oil and natural
gas; refines, markets and distributes transportation fuels and
lubricants; manufactures and sells petrochemicals and additives;
generates power; and develops and deploys technologies that enhance
business value in every aspect of the company's operations. Chevron
is based in San Ramon, CA. More information about Chevron is
available at www.chevron.com.
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in North
America for more than 60 years, and is committed to advancing
sustainable, next-generation mobility through our Toyota and Lexus
brands plus our 1,800 dealerships. Toyota has created a tremendous
value chain and directly employs more than 47,000 in North America.
The company has contributed world-class design, engineering, and
assembly of more than 40 million cars and trucks at our 14
manufacturing plants, 15 including our joint venture in Alabama
that begins production in 2021.
Through its Start Your Impossible campaign, Toyota highlights
the way it partners with community, civic, academic and
governmental organizations to address our society’s most pressing
mobility challenges. We believe that when people are free to move,
anything is possible. For more information about Toyota, visit
www.toyotanewsroom.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210421005208/en/
Tyler Kruzich, Chevron External Affairs
TKruzich@chevron.com t. (925) 549-8686
Tania Saldana, Toyota Mobility Communications
tania.saldana@toyota.com t. (469) 292-2418
Chevron (NYSE:CVX)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Chevron (NYSE:CVX)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024