noteProject Summary
Budget
Up to 113 billion yen
CO2 Reduction Effect (World)
- In 2040
- Approximately 90 million tons/year
- In 2050
- Approximately 260 million tons/year
Economic Effect (World)
- In 2040
- Approximately 2.6 trillion yen/year
- In 2050
- Approximately 7.1 trillion yen/year
Research and Development Targets
1. R&D for development of simulation model to promote widespread use of commercial EVs and FCVs.
- The below systems will be developed for verifying the utility of those systems in at least three scenarios of transportation business.
- System to propose an integrated energy/fleet management model that optimizes energy consumption and results in lower CO2 emissions to companies in the transportaion sector in anticipation of a time when commercial EVs and FCVs are widely used.
- System that simulates identifying the most suitable layouts for charging and hydrogen fueling infrastructures
2. R&D for development of integrated energy/fleet management system to realize large-scale introduction of commercial EVs
- Developing and demonstrating systems which integrate energy management and fleet management will be carried out through obtaining data related to operational plans, vehicle usage, and energy consumption in their areas of business (e.g., 3-5 business offices, in mid-sized prefectures, and primary roads, keeping in mind factors such as the type of commercial vehicle and how it will be used).
- To realize a scenario where EVs are introduced seamlessly into transportation businesses, it will be necessary to utilize external data and state-of-the-art technologies (e.g., replaceable batteries, wireless charging) and also develop technologies to address technical issues.
Assumptions regarding estimates for CO₂ reduction effect
- Commercial EVs are expected to become widely used in line with IEA’s B2DS.
- EVs, PHEVs and FCEVs are expected to replace internal combustion vehicles and be equipped with technologies developed under this project, with Japanese vehicles accounting for approximately 10% of the global EV market in both 2040 and 2050.
Assumptions regarding estimates of economic effect
- Based on the number of EVs and PHEVs projected under IEA’s B2DS, and assuming that Japanese EVs and PHEVs equipped with technologies developed under this project will acquire 10 percent of the global market, sales volumes for 2040 and 2050 have been estimated in line with the IEA projection..
- Vehicle sale prices are expected to remain at the present level, i.e., 17 million yen for minibuses, 24 million yen for buses, 4 million yen for medium-freight trucks, and 19 million yen for heavy-freight trucks.