Idemitsu Kosan Co., Ltd. (“Idemitsu Kosan”), ENEOS Corporation (“ENEOS”), Toyota Motor Corporation (“Toyota”), and Mitsubishi Heavy Industries, Ltd. (“MHI”) announce that they have commenced a study toward the introduction and spread of carbon-neutral fuels that contribute to the decarbonization of automobiles with the aim of realizing a carbon-neutral society. Seeking to introduce carbon-neutral fuels in Japan around 2030, the four companies fulfilling major roles respectively in supply, technology, and demand will jointly embark on this study.
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