Teaming up for H2

Toyota, Nissan and Honda formed a joint venture with major gas and energy companies, including French industrial gases company Air Liquide, to build 80 new hydrogen stations in the next four years, to add to the 101 stations currently in Japan.

The new venture -- "Japan H2 Mobility" or "JHyM" -- comes as the world's top economies rush to issue tougher environmental regulations that are spurring development of new clean cars and trucks.

The Japanese government and the auto industry aim to introduce 160 stations and 40,000 fuel-cell vehicles by March 2020.

The government is also pushing to deregulate the sector to lower costs.

Japan car giants team up to build hydrogen stations

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