Dec 20, 2023 12:05 JST

Source: Toyota Motor Corporation

CP, True Leasing, SCG, Toyota, and CJPT sign Memorandum of Understanding to Further Accelerate Cross-Industry Efforts Towards Achieving Carbon Neutrality in Thailand

Toyota City, Japan, Dec 20, 2023 - (JCN Newswire) - Charoen Pokphand Group (CP), True Leasing (TLS), Siam Cement Group (SCG), Toyota Motor Corporation (Toyota), and Commercial Japan Partnership Technologies Corporation (CJPT) have signed a Memorandum of Understanding (MOU) to further accelerate collaboration towards achieving carbon neutrality in Thailand. This MOU is based on achievements to date in our joint efforts, including logistics efficiency at CP and SCG sites and the introduction of carbon-neutral mobility based on usage in Thailand.

(Left to right) Hiroki Nakajima, President of CJPT; Soopakij Chearavanont, Chairman of CP; Koji Sato, President and CEO of Toyota; Dhanin Chearavanont, Senior Chairman of CP; Akio Toyoda, Chairman of Toyota; Roongrote Rangsiyopash, President and CEO of SCG; Suphachai Chearavanont, CEO of CP; Kachorn Chiaravanont, President of True Leasing and Member of Executive Committee of CP

Based on an agreement built on the deep trusting relationship between CP's Senior Chairman Dhanin Chearavanont, President and CEO of SCG Roongrote Rangsiyopash, and then-President Akio Toyoda of Toyota; CP, TLS, SCG, Toyota and CJPT have been promoting initiatives in the three areas of data, mobility, and energy. Efforts are underway while considering how they can contribute to the happiness of the 67 million Thai citizens under the concept of doing what can be done now, together with like-minded partners.

There are three areas of focus: Data Solutions, Mobility Solutions, and Energy Solutions. In Data Solutions, we improved loading efficiency and optimized delivery routes by utilizing big data from CP and SCG's retail and logistics operations as well as traffic flow and vehicle data. At the stores where we conducted the demonstration, we confirmed approximately 15%*1 immediate reduction in CO2emissions.

For Mobility Solutions, we introduced a variety of vehicles, including FC Trucks, the Hilux Revo BEV concept, the JPN TAXI LPG-HEV, and mini-commercial light vans (Kei) based on how they are used in Thailand. The vehicles were used in the demonstration for logistics and human flow operations. We confirmed approximately 68 tons/year*2 reduction in CO2 emissions. In addition, we succeeded in flight verification of the FC Drone for fertilizing, seeding, and other tasks at a CP Farm.

For Energy Solutions, we introduced, for the first time in Thailand, equipment to produce hydrogen using biogas derived from Charoen Pokphand Foods poultry farm manure and food waste at Toyota's bases, for the effective use of energy unique to Thailand. The hydrogen was used as fuel for FC Trucks and the FC Drone―and in a racing car at the end of December. In addition, we have plans to conduct a demonstration on energy management at our sites using solar power generation and a Battery Energy Storage System.

As the next step, under the concept of various approaches and depending on the usage in Thailand, we will contribute to carbon neutrality using HEVs or Kei that are immediately required in Thai society, as well as the further introduction of FCEVs and BEVs.

We are also taking on the challenge of energy efficiency improvement and cost reduction throughout the entire process of producing, transporting, and using energy by using renewable energy suited to resource conditions and usage in Thailand.

To improve logistics efficiency through data, we will utilize CP and SCG's data in retail and logistics as well as Toyota's Digital Twin Technology to optimize the flow of personnel, logistics, and energy by collaborating with a social system, such as energy management and traffic control, etc.

To accelerate those initiatives, under the unified MOU and with the new company Commercial Japan Partnership Technologies Asia Co., Ltd. established in Thailand, we join forces across industries to realize a carbon-neutral society that is unique to Thailand, starting from Thailand and needed by other countries.

(Left to right) Hiroki Nakajima, President of CJPT; Koji Sato, President and CEO of Toyota; Soopakij Chearavanont, Chairman of CP; Roongrote Rangsiyopash, President and CEO of SCG; Kachorn Chiaravanont, President of True Leasing and Member of Executive Committee of CP

(1) Converted CO2 equivalents from driving distance reduction by improved loading efficiency and optimized delivery routes as an effect of the demonstration
(2) Converted to a full year's worth of CO2 emissions from "Tank-to-wheel" CO2 reduction compared to conventional vehicles, based on total fuel consumption during the demonstration trial.

Source: Toyota Motor Corporation
Sectors: Automotive

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release

TOYOTA GAZOO Racing takes a one-two in Croatian thriller
April 22 2024 09:47 JST
Toyota Launches All-New Land Cruiser "250" Series in Japan
April 18 2024 12:39 JST
Lexus presents Time at the 2024 Milan Design Week
April 16 2024 17:49 JST
New circuit challenge for TOYOTA GAZOO Racing
April 15 2024 16:21 JST
TOYOTA GAZOO Racing back on asphalt for Croatian challenge
April 12 2024 18:36 JST
Daihatsu and Toyota to Reform Structures towards the Revitalization of Daihatsu
April 08 2024 12:37 JST
Toyota Completes Toyota Technical Center Shimoyama Research and Development Facility for Making Ever-better Cars
April 02 2024 10:28 JST
TOYOTA GAZOO Racing roars to fourth successive Safari triumph
April 01 2024 09:47 JST
Toyota Releases Sales, Production, and Export Results for February 2024
March 28 2024 12:35 JST
PEVE to change name to TOYOTA BATTERY Co., Ltd. and produce batteries for a wide range of electric vehicles
March 27 2024 14:13 JST
More Press release >>

Latest Press Release

More Latest Release >>