Transport

Electric car success leaves Toyota alone with hydrogen bet

Toyota, which has made a big bet on hydrogen-powered cars, is looking more isolated as industry rivals double down on plug-in electric vehicles as the dominant technology in the emerging post-fossil fuel era.

bloomberg

28.11.2017

(Bloomberg) Three years ago, Toyota President Akio Toyoda, grandson of company founder Kiichiro Toyoda, unveiled the Mirai, a four-door family sedan powered by hydrogen tanks and fuel-cell technology that emits nothing but heat and water -- and none of the gases that contribute to global warming.

However sales of the $57,500 saloon car -- available in Japan, California, and parts of Europe -- have yet to break the 5,000 mark, compared to some 300,000 of Nissan’s battery-electric Leaf.