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As autos go electric, Toyota chases hydrogen dream
“If the adoption of carbon-free fuels happens quickly, that could bring the first battery EV boom to an end,” said Takeshi Miyao, an analyst at auto industry research company Carnorama.
In Japan, where mass layoffs are politically difficult, hydrogen’s allure is that it would cause less disruption than a full switch to EVs. The Japan Automobile Manufacturers Association estimates the automotive industry employs 5.5 million people.