Japan looks set to miss its ambitious target of having around 100 hydrogen fuelling stations for fuel-cell cars in operation by March 2016, with just 76 approved after the deadline to apply for subsidies passed last month.
The government had earmarked 21.38 billion yen ($178.37 million) over the past three years to subsidise the construction and operation of fuelling stations by March 2016 as it aims to lead the world in setting up a hydrogen-based society featuring fuel-cell cars such as Toyota Motor Corp’s Mirai.
But applications for the final portion – a supplementary budget of 9.59 billion yen for fiscal 2015 – resulted in just 32 stations getting the nod, government data showed this week, highlighting the difficulty of encouraging energy companies to bet on the still-unproven business.