US Stocks Movement: Toyota rises over 1% pre-market as it shifts hydrogen plans towards trucks
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Glonghui March 27|Toyota Motor (TM.US) is up 1.76% pre-market, trading at $213.62. In the news, Mitsumasa Yamagata, president of Toyota's hydrogen energy plant responsible for fuel cell operations, stated that Toyota and the Japanese government are actively promoting a “planned, large-scale” implementation model for hydrogen-powered trucks. The relevant plan will deploy large hydrogen refueling stations along highways between eastern and western Japan, not only facilitating the use of fuel cell trucks but also aiming to stabilize hydrogen fuel prices over the long term.
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