Satoshi Ogiso, the Toyota Motor Corp. Executive in charge of fuel cells, said today the vehicle is not just for leasing to officials and celebrities but will be an everyday car for ordinary consumers, widely available at dealers.
"Development is going very smoothly," he told The Associated Press on the sidelines of the Tokyo Motor Show. The car will go on sale in Japan in 2015 and within a year later in Europe and US.
The FCV looks ready to hit the streets, not all that different in exterior design from the Prius gas-electric hybrid, and in contrast to the other fun but outlandishly bizarre models at the show.
What's making the once space-age experiment more credible is the price that Toyota is promising: somewhere between 5 million yen (USD 50,000) and 10 million yen (USD 100,000), and as close to the lower figure as possible, Ogiso said.
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Honda Motor Co., Japan's No. 3 automaker, which has leased a fuel cell car since 2005, is scheduled to take the wraps off a next-generation version at the Los Angeles Auto Show later this week. Honda says the new system will be a big improvement from its predecessor.
All the major automakers, including General Motors Co. and Daimler, have been working on hydrogen power for decades. But the prospects of its becoming a commercial product have never been very real until recently.