While both China and the United States have turned to the development and production of electric vehicles, Japan, a major car manufacturer, has gone all-in on the development of hydrogen vehicles. Unexpectedly, China and the United States reached a consensus to shift the focus to the development of hydrogen vehicles, which led to a setback in Japan's auto industry revolution. At the same time, China and Europe have unanimously decided to stick to the development route of electric vehicles.
Compared with emerging car brands such as Tesla in the United States and BYD in China, as well as the transformation of traditional car companies in Europe, Japan seems to be sticking to its focus on hydrogen energy. But Japan seems to be suffering a heavy blow in the coming transformation of the automotive industry. Toyota's president, Akio Toyoda, has publicly expressed his opposition to electric vehicles and believes that hydrogen vehicles are the future, although China and the United States do not share this view.
Professor Li Daokui of Tsinghua University supports Akio Toyoda's view that hydrogen energy should be fully developed. This position has puzzled many people as to why Professor Li is so adamant about this view, and even won Toyota's approval.
Li Daokui believes that although lithium batteries are a direction for new energy development, they face challenges in terms of endurance and demand for rare metals such as lithium, nickel, cobalt, etc., and most of these materials rely on imports. In addition, he pointed out that hydrogen is versatile, can be used to generate electricity, heat, transport, and can be stored on a large scale, while electricity is difficult to store. At present, it is the best choice to build an energy storage power station to store hydrogen on a large scale and provide power for hydrogen energy vehicles.
But is the hydrogen energy advantage mentioned by Li Daokui really not recognized by China and the United States? In fact, the biggest challenge for hydrogen energy is transportation and storage. If hydrogen is stored in a car, it can be extremely dangerous in the event of an accident.
Although Japan has more than 70% of the world's hydrogen technology, which they expect to reap the benefits of, they leave the transportation and storage problems to China and the United States, which are reluctant to get involved. Japan originally hoped that China and the United States would also develop the hydrogen energy industry, but unexpectedly, China, the United States, and Europe all chose electric vehicles, while Japan embarked on the road of hydrogen energy vehicles.
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Even though Japan has advanced hydrogen technologies, they don't seem to have much value in the market. Japan's huge investment in hydrogen energy has not paid off as expected, and no one wants to pay for it.
In this major transformation of the global automotive industry, Japan's choice seems to be contrary to the prevailing trend. The unanimous decision of China, the United States, and Europe to go electric has left Japan isolated in the international auto market. This strategic decision has not only affected the international competitiveness of Japanese auto companies, but also has a profound impact on their domestic market.
Japanese automakers, with their high investment in hydrogen energy technology, face stiff competition from electric vehicle technology. Electric vehicles are gradually winning the favor of consumers due to their lower operating costs, increasingly mature charging infrastructure, and environmental benefits. In contrast, hydrogen vehicles, although theoretically advantageous, lag far behind electric vehicles in their penetration due to the lack of a mature network of hydrogen refueling stations, high production costs, and safety hazards.
Faced with this situation, Japanese automakers have had to reassess their long-term strategies. Some companies are starting to consider hydrogen energy technology as part of their long-term development, rather than the sole focus. They began to explore the possibility of combining electric vehicle technology with hydrogen energy technology in order to find a balance between the two major energy technologies.
In addition, the Japanese government is aware of the need to adjust its support policies for the automotive industry. The government has begun to encourage companies to carry out technological innovation, while strengthening cooperation with other countries in the field of electric vehicles and hydrogen energy to enhance the global competitiveness of Japan's automotive industry.
With the rapid transformation of the global automotive industry, this shift by Japanese companies and governments is particularly critical. Despite the challenges, Japan is poised to rediscover its place in the new automotive era thanks to its deep technological heritage and relentless innovation efforts. In the future, Japan may become a new bright spot in the global automotive industry in the integrated development of electric vehicles and hydrogen energy vehicles.