{"id":479448,"date":"2021-04-21T08:03:40","date_gmt":"2021-04-21T12:03:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\/"},"modified":"2021-04-21T08:03:40","modified_gmt":"2021-04-21T12:03:40","slug":"chevron-toyota-pursue-strategic-alliance-on-hydrogen","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\/","title":{"rendered":"Chevron, Toyota Pursue Strategic Alliance on Hydrogen"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><span class=\"bwuline\">Chevron, Toyota Pursue Strategic Alliance on Hydrogen<\/span><\/b><\/p>\n<p>SAN RAMON, Calif. &amp; PLANO, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nChevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Toyota Motor North America, Inc. (Toyota) announced a memorandum of understanding to explore a strategic alliance to catalyze and lead the development of commercially viable, large-scale businesses in hydrogen, with the goal to advance a functional, thriving global hydrogen economy.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210421005208\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210421005208\/en\/<\/a><\/p>\n<p>\nChevron and Toyota are seeking to work on three main strategic priorities: collaborating on hydrogen-related public policy measures that support the development of hydrogen infrastructure; understanding current and future market demand for light-duty and heavy-duty fuel cell electric vehicles and supply opportunities for that demand; and exploring opportunities to jointly pursue research and development in hydrogen powered transportation and storage.\n<\/p>\n<p>\n\u201cWe are excited to collaborate with Toyota. Working towards a strategic alliance on hydrogen presents an opportunity to build a large-scale business in a low-carbon area that is complementary to our current offerings,\u201d said Andy Walz, president of Chevron\u2019s Americas Fuels &amp; Lubricants. \u201cThis opportunity leverages our market position, assets, technology, and organizational capability and supports our efforts to help advance a lower-carbon future.\u201d\n<\/p>\n<p>\n\u201cThis is another important step toward building a hydrogen economy,\u201d said Bob Carter, executive vice president, Toyota Motor North America. \u201cCombining Toyota\u2019s decades of experience in developing hydrogen powered fuel cell electric technology with Chevron\u2019s deep resources in the energy sector has the potential to create new transportation choices for both consumers and businesses that move us toward our goal of carbon neutrality.\u201d\n<\/p>\n<p><b>About Chevron <\/b><\/p>\n<p>\nChevron U.S.A. Inc. is a subsidiary of Chevron Corporation, one of the world\u2019s leading integrated energy companies. Through its subsidiaries that conduct business worldwide, Chevron Corporation is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company&#8217;s operations. Chevron is based in San Ramon, CA. More information about Chevron is available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.chevron.com&amp;esheet=52415383&amp;newsitemid=20210421005208&amp;lan=en-US&amp;anchor=www.chevron.com&amp;index=1&amp;md5=abc074c990786373b7e0910c0890e862\">www.chevron.com<\/a>.\n<\/p>\n<p><b>About Toyota <\/b><\/p>\n<p>\nToyota (NYSE:TM) has been a part of the cultural fabric in North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands plus our 1,800 dealerships. Toyota has created a tremendous value chain and directly employs more than 47,000 in North America. The company has contributed world-class design, engineering, and assembly of more than 40 million cars and trucks at our 14 manufacturing plants, 15 including our joint venture in Alabama that begins production in 2021.\n<\/p>\n<p>\nThrough its Start Your Impossible campaign, Toyota highlights the way it partners with community, civic, academic and governmental organizations to address our society\u2019s most pressing mobility challenges. We believe that when people are free to move, anything is possible. For more information about Toyota, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.toyotanewsroom.com&amp;esheet=52415383&amp;newsitemid=20210421005208&amp;lan=en-US&amp;anchor=www.toyotanewsroom.com&amp;index=2&amp;md5=f90f8d7de33f5d6b4050a115fb46672f\">www.toyotanewsroom.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210421005208r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210421005208\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210421005208\/en\/<\/a><\/span><\/p>\n<p><b>Tyler Kruzich, Chevron External Affairs<br \/>\n<br \/><\/b><a rel=\"nofollow\" href=\"mailto:TKruzich@chevron.com\">TKruzich@chevron.com<br \/>\n<\/a><br \/>t. (925) 549-8686\n<\/p>\n<p><b>Tania Saldana, Toyota Mobility Communications<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:tania.saldana@toyota.com\">tania.saldana@toyota.com<br \/>\n<\/a><br \/>t. (469) 292-2418\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Alternative Energy Energy Automotive Alternative Vehicles\/Fuels<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210421005208\/en\/827248\/3\/Chevron_logo_2020.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210421005208\/en\/872946\/3\/Toyota.red_.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Chevron, Toyota Pursue Strategic Alliance on Hydrogen SAN RAMON, Calif. &amp; PLANO, Texas&#8211;(BUSINESS WIRE)&#8211; Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Toyota Motor North America, Inc. (Toyota) announced a memorandum of understanding to explore a strategic alliance to catalyze and lead the development of commercially viable, large-scale businesses in hydrogen, with the goal to advance a functional, thriving global hydrogen economy. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210421005208\/en\/ Chevron and Toyota are seeking to work on three main strategic priorities: collaborating on hydrogen-related public policy measures that support the development of hydrogen infrastructure; understanding current and future market demand for light-duty and heavy-duty fuel cell electric vehicles and supply opportunities for that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Chevron, Toyota Pursue Strategic Alliance on Hydrogen&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-479448","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Chevron, Toyota Pursue Strategic Alliance on Hydrogen - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chevron, Toyota Pursue Strategic Alliance on Hydrogen - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Chevron, Toyota Pursue Strategic Alliance on Hydrogen SAN RAMON, Calif. &amp; PLANO, Texas&#8211;(BUSINESS WIRE)&#8211; Chevron U.S.A. Inc., through its Chevron Products Company division (Chevron), and Toyota Motor North America, Inc. (Toyota) announced a memorandum of understanding to explore a strategic alliance to catalyze and lead the development of commercially viable, large-scale businesses in hydrogen, with the goal to advance a functional, thriving global hydrogen economy. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210421005208\/en\/ Chevron and Toyota are seeking to work on three main strategic priorities: collaborating on hydrogen-related public policy measures that support the development of hydrogen infrastructure; understanding current and future market demand for light-duty and heavy-duty fuel cell electric vehicles and supply opportunities for that &hellip; Continue reading &quot;Chevron, Toyota Pursue Strategic Alliance on Hydrogen&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-21T12:03:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210421005208r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Chevron, Toyota Pursue Strategic Alliance on Hydrogen\",\"datePublished\":\"2021-04-21T12:03:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\\\/\"},\"wordCount\":568,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210421005208r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/chevron-toyota-pursue-strategic-alliance-on-hydrogen\\\/\",\"name\":\"Chevron, Toyota Pursue Strategic Alliance on Hydrogen - 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