Toyota has stated that they expect to begin production of their commercial fuel cell vehicle in mid-December 2014. This is a bit earlier than expected.
According to 4-Traders, “The world’s top-selling automaker is considering manufacturing dozens of the vehicles per month at its Motomachi plant in the city of Toyota in Aichi Prefecture in central Japan.
“The vehicle is likely to be priced at around 8 million yen, but Toyota is planning to lower it to around 3 million to 5 million yen in the 2020s to boost sales and expand annual production capacity …
“…Although Toyota officials have said the company has no intention to directly engage in the hydrogen infrastructure business, it is planning to cooperate in the development and management of hydrogen supply systems at an early stage.”
For reference, 8 million yen is approximately $78,000, 3 million yen is approximately $29,000 and 5 million yen is approximately $49,000.
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