Honda Revises Plan for Next-Generation Fuel Cell Module Plant in Moka City
Key Ideas
  • Honda Motor Co., Ltd. revised its plan to start a plant in Moka City, Japan, for next-generation fuel cell module production due to changes in the global hydrogen market environment.
  • The original plan aimed for an annual production capacity of 30,000 units by the fiscal year ending March 31, 2028, but the company decided to reduce initial production capacity and delay full production.
  • Despite opting out of a government subsidy program due to revised plans, Honda remains committed to hydrogen technologies and FCEVs to achieve carbon neutrality by 2050.
  • Honda identified four core domains for the utilization of its next-generation fuel cell module, including FCEVs, commercial vehicles, stationary power generators, and construction machinery, aiming to grow its hydrogen business as a new core business.
Honda Motor Co., Ltd. has made adjustments to its initial plan to establish a plant in Moka City, Tochigi, Japan, dedicated to producing the next-generation fuel cell module. Originally, the company intended to repurpose a former Honda Powertrain Unit Factory and commence plant operations by the end of the fiscal year ending March 31, 2028, targeting an annual production capacity of 30,000 units. However, due to shifting dynamics in the global hydrogen market, Honda re-evaluated the plan, opting to reduce the initial production capacity and postpone full-scale production. This decision led to the company withdrawing from a government subsidy program managed by the Japanese Ministry of Economy, Trade, and Industry (METI). Despite this change, Honda, a pioneer in hydrogen technology, remains dedicated to achieving carbon neutrality by 2050. The company has identified key areas such as fuel cell electric vehicles (FCEVs), commercial vehicles, stationary power generators, and construction machinery for the application of the next-generation fuel cell module. By expanding its hydrogen business, Honda aims to establish it as one of its new core operations. The move signifies Honda's ongoing commitment to sustainable practices and the development of clean energy solutions in alignment with global efforts to combat climate change and achieve carbon neutrality.
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