Price hike | Hydrogen vehicle drivers to be charged 33% more for fuel at majority of H2 filling stations in Japan
Rising operating costs and global inflation blamed for higher prices at 96 of country’s 161 refuelling stops
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This means that 96 of the country’s 161 HRSs will see their fuel costs surge by a third — further discouraging the take-up of hydrogen fuel-cell electric vehicles (FCEVs).
Only 424 FCEVs were sold in Japan in 2023, a 49.9% fall compared to the 846 sales in 2022, and an 82.8% collapse compared to the 2,464 sold in 2021.
Eneos told customers in February that it would increase prices on 1 April due to “rising operating costs and equipment maintenance costs due to global inflation”.
Nevertheless, the cost of hydrogen fuel at Japanese pumps — even after the price hikes — is still far lower than in Europe or the US.
Prices in California (the US’s only FCEV market) rose as high as $36/kg last year, while in Germany — Europe’s largest market — the standard price is €15.75 ($16.76) per kilo.
Japan has a target of getting 800,000 FCEVs on its roads by 2030, up from about 8,000 today.
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