Toyota says $50k Hydrogen Sedan coming by 2015

Some promising news coming out of the Toyota camp? Yes, Toyota has plans for a hydrogen vehicle sometime around 2015 that will be in the 50k price tag. Looks like lithium-ion batteries might have some competition for the hearts and souls of buyers shopping for green cars and trucks. Can’t even imagine what the market will look like in the next 10 years!


Lithium-ion batteries aren’t the only automotive cleantech that appears to be getting cheaper. Toyota’s head of advanced autos, Yoshihiko Masuda, tells Bloomberg that the Japanese automaker has cut the cost of hydrogen fuel cell vehicles (FCVs) by 90 percent in the last five years or so. Mid-decade, Toyota’s per-car estimates for FCVs ran near a million dollars per car. With costs now closer to the $100k mark, Toyota says it plans to cut that number in half by 2015. If they can make that happen, Masuda says, a $50k hydrogen FCV will be on like Donkey Kong.

Read the full article here.


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