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- Toyota sets up research institute in Beijing to study hydrogen, green technologies
Japan's Toyota Motor Corp is establishing a research institute in Beijing, China, in partnership with Tsinghua University for studying car technology using hydrogen power and other green technologies, which will ease environmental problems in China.
The move is in line with Toyota’s efforts to share more technology with China as it seeks to expand its business in the country. The initiative is outlined by Akio Toyoda, President and Chief Executive of Toyota.
In a bid to solve environmental problems in China, the Tsinghua-Toyota Joint Research Institute will be conducting research into cars and new technology.
The company said, "The institute will cooperate in research not only related to cars for Chinese consumers, but also in research related to active utilization of hydrogen energy that can help solve China's energy problems."