The European Commission has selected projects for €992 million ($1.1 billion) of EU public funding, while the Japanese government has agreed to provide $4.80 in subsidies for hydrogen fuel cell trucks. May 21, 2025...
Hydrogen Subsidies
Japan shifts from funding hydrogen stations to offering new incentives for hydrogen-powered transport operators.（Photo: iStock） To accelerate the adoption of hydrogen fuel cell vehicles, the Japanese government is investing heavily in subsidies. The Ministry of Economy, Trade and Industry (METI) plans to provide hydrogen refueling incentives for commercial vehicles, targeting six administrative...
Japan is making a bold move in the clean energy race. In May 2025, the country rolled out a major hydrogen fuel subsidy plan to help get more commercial fuel cell vehicles (FCVs) on the road. Launched by METI, the initiative will cover a whopping 75% of the cost difference between diesel and hydrogen at 90 hydrogen stations across key industrial areas like Aichi and Fukushima.Japan’s Big Bet on...
Japan backs hydrogen-powered commercial vehicles with major subsidies To accelerate the adoption of hydrogen fuel cell vehicles, the Japanese government is investing heavily in subsidies. The Ministry of Economy, Trade and Industry (METI) plans to provide hydrogen refueling incentives for commercial vehicles, targeting six administrative regions with high demand. The goal is to...
Six key regions selected to drive commercial fuel cell vehicle adoption.Japan is accelerating its hydrogen mobility efforts with a new subsidy program aimed at fuel cell vehicles (FCVs) for commercial transportation. According to reports from the Nikkei, the Ministry of Economy, Trade and Industry (METI) will soon unveil a list of six priority areas for fuel cell truck and bus expansion: Tokyo,...
Securing the Bankability of Hydrogen Project finance is a complex process. Financiers conduct comprehensive due diligence and want a holistic view of the risks of a hydrogen project. Technical risks and financial exposures, mainly due to business interruption, are most acute in new projects seeking to innovate. This is why hydrogen — and renewables projects more generally — can struggle....
TOKYO -- Japan's Ministry of Economy, Trade and Industry will begin subsidizing the fuel cost for hydrogen fuel cell trucks and buses in six prefectures, Nikkei has learned, with an eye toward promoting their adoption and reducing carbon emissions.The hydrogen subsidy of 700 yen ($4.80) per kilogram is roughly three-quarters of the price difference between hydrogen and diesel fuel. For large fuel cell...
Legacy established manufacturers like Mercedes, Volvo, Scania, and Iveco and others were joined by a wave of new entrants like Nikola, Hyzen, BYD offering new hydrogen buses and trucks. Many startups and innovative companies offer tailored solutions to retrofit buses, trucks or vans with hydrogen powertrain, whether it is a fuel cell + battery or internal combustion engine. France is one of the...
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The Inflation Reduction Act’s “clean” hydrogen tax credit could survive the GOP’s plans for a tax cut, energy and immigration bill, but Republicans are eyeing modifications that could make it unrecognizable to Democrats and environmentalists. Tinkering with it could also make it more expensive, a likely stumbling block for a Republican Party searching for savings in their budget...