Currently reading: Hydrogen cars to cost the same as hybrids by 2025, say Toyota
Second-generation hydrogen fuel cell technology will be introduced in the early 2020s, substantially reducing costs
Jim Holder
News
2 mins read
26 October 2017

Toyota is predicting it will be able to sell hydrogen-powered cars for the same price as an equivalent hybrid by 2025.

Today, a mid-end Toyota Prius hybrid costs around £22,000. That compares to a hydrogen-powered Mirai, which is sold at around £65,000, but which loses money once development costs are accounted for. However, the Mirai is a larger car than the Prius.

However, at the Tokyo motor show officials revealed that they expect the next generation of hydrogen fuel technology to be substantially cheaper to produce, as well as more efficient. The anticipated exponential growth in hydrogen-powered sales -albeit still at relatively small volumes - is also expected to help lower costs as scales of production ramp up.

“In the early 2020s we will launch the next generation hydrogen fuel stack technology, and that will provide a substantial move forward,” said Naomichi Hata, general manager of new business planning for Toyota. “Today production of the Mirai is limited to 3000 cars a year, but by 2025 we expect that figure to be ten times higher.

“As a result of these gains we expect - in Japan at least - the same car type to cost the same price whether it is a hybrid or powered by hydrogen.”

At the Tokyo motor show Toyota revealed the Fine-Comfort Ride concept, which showcased its next-generation hydrogen fuel cell technology in concept form. The car is said by Toyota to have a range of 620 miles (1000km) between refills, from a 6kg capacity tank.

 

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Decred1 26 November 2018

Toyota in discussion with disruptive hydrogen producer

https://www.investegate.co.uk/powerhouse-enrgy-grp/prn/discussions-with-toyota-tsusho-corporation/20181126070000PB8C1/

 

Ive followed PHE for a while and they can produce hydrogen at half the current cost. additionally they can charge gate fees for recyling plastics. I think this is how Toyota will be moving the hydrogen car industry forward.

fadyady 27 October 2017

Bring it on

I want to say to innovative new technologies but by 2025 EVS will likely be well established with charging infrastructure and contact less charging. How will hydrogen compete with EVS and ICES that already have refuelling networks in place all over the world? Unless China takes interest little chance.
coolboy 26 October 2017

coolboy

Hey Toyota, I will wait for 2040 then, by that time, I will get one for 15K, 5 year maintenance included and the salesman will kiss me for just to have allowed to dispatch one

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