Toyota say hydrogen cars will cost the same as hybrids by 2025 0

Toyota

Toyota believes that by 2025 it will be selling hydrogen cars at the same price as their hybrid equivalent.

At the moment, a mid-range Toyota Prius hybrids costs around £22,000, its hydrogen-powered range equal, the Mirai, sells at around £65,000. However the Mirai, despite its larger size, loses money once development costs are factored in.   

At the recent Tokyo Motor Show, Toyota representatives said they believed the next generation of hydrogen cars to be significantly cheaper to produce, as well as being much more efficient. The predicted growth in sales is also expected to offset production costs.

“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 trade show, Toyota showed off its Fine-Comfort Ride concept, which demonstrates the company’s new hydrogen fuel cell technology said to have an expected range of 620 miles (1000km) between refills, from a 6kg tank.

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