| 4:39 PM EST

Toyota Cuts Fuel Cell Car Cost 95%

Posted: May 2, 2013 at 2:09 amToyota Motor Corp. says it has reduced the cost of building a small fuel cell-powered car to $50,000 from $1 million several years ago.Chris Hostetter, who heads strategic planning for Toyota’s U.S. unit, tells a conference in Los Angeles that the retail price on the company’s first production fuel cell car will be under $100,000 when it debuts in 2015.Toyota has been testing a fleet of 100 Highlander crossovers equipped with fuel cells.
#Toyota

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Posted: May 2, 2013 at 2:09 am

Toyota Motor Corp. says it has reduced the cost of building a small fuel cell-powered car to $50,000 from $1 million several years ago.

Chris Hostetter, who heads strategic planning for Toyota’s U.S. unit, tells a conference in Los Angeles that the retail price on the company’s first production fuel cell car will be under $100,000 when it debuts in 2015.

Toyota has been testing a fleet of 100 Highlander crossovers equipped with fuel cells. But the production model will be a Prius-sized small hatchback. Hostetter says the car’s styling will be derived from the FCV-R concept car Toyota showed at the Tokyo auto show last November.

Automotive News opines that Toyota may limit initial sales of the fuel cell car to California and New York—the only states with even a rudimentary hydrogen refue 

RELATED CONTENT

  • Global Supply of Automotive Fasteners from a Single Source

    PennEngineering offers a global supply for a wide range of fasteners for the automotive industry, including China-based facilities that manufacture standard and custom products to world-class standards of quality at lower cost.

  • 9 Ways Additive Manufacturing Rises to the Advanced Mobility Challenge

    Additive manufacturing (AM) is just one manufacturing method that drives advanced mobility forward and also has a history of embracing the digital connectivity demanded by this trend.

  • The Lexus GX 470: You Want Me To Drive This Where?

    According to Kunihiro Hoshi, chief engineer for the GX 470: “Three of my top goals were to create a body-on-frame vehicle with sweeping off-road performance and unibody-like on-road capability, and, of course, it had to meet the Lexus quality standard.” He met his goals. But why would anyone want to bang this vehicle around on rocks?