SUZUKA, Japan – Toyota's newly appointed CEO Koji Sato says hydrogen will be a top priority of his carbon neutral strategy, even as he redoubles his focus on electric vehicles.
Under his watch, through the end of the decade, the focus will be expanding the hydrogen infrastructure and the array of industries using the futuristic fuel, Sato said.
"We want to ensure that hydrogen stays a viable option," Sato said March 18 on the sidelines of a weekend endurance race where Toyota has planned to field a hydrogen-powered race car.
"We need a production and transport supply chain," Sato said. "Unless we see evolution there, we cannot expect a volume increase in the energy's use."
Sato, who takes over as CEO of Toyota Motor Corp. on April 1, said last month after being named to the top job that the world's biggest automaker "must drastically change" the way it does business and adopt an "EV-first" mindset. The company is now developing a new dedicated EV…