Six Companies Establish R&D Joint Venture for Commercial Vehicle Fuel Cell Systems
for the Creation of a Hydrogen-based Society in China
Toyota City, Japan, June 5, 2020―
Six companies (listed below) that share a common vision for the widespread use of fuel cell electric vehicles (FCEVs) in China today signed a joint venture agreement
for the establishment of United Fuel Cell System R&D (Beijing) Co., Ltd. (FCRD).
The six companies participating in the joint venture are as follows:
• China FAW Corporation Limited (“FAW”)
• Dongfeng Motor Corporation (“DFM”)
• Guangzhou Automobile Group Co., Ltd. (“GAC GROUP”)
• Beijing Automotive Group Co., Ltd. (“BAIC GROUP”)
• Beijing SinoHytec Co., Ltd. (“SinoHytec”)
• Toyota Motor Corporation (“Toyota”)
Global Newsroom | Toyota Motor Corporation