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Wednesday, 25 June 2014

Toyota announces price for new fuel cell car at $70K

 
Tokyo Japanese auto giant Toyota will start selling its first fuel cell 
sedan this financial year, with a price tag of around USD 70,000, the 
company announced Wednesday.

The vehicles will be rolled out by 
March and beyond the home market during the summer of 2015, it said, in a
 move that will see the environmentally friendly cars available in the 
United States and Europe.

"Hydrogen is a particularly promising 
alternative fuel since it can be produced using a wide variety of 
primary energy sources, including solar and wind power," the automaker 
said in a statement.

This is the first time Toyota has given a 
specific timeframe for its fuel cell cars, which it had previously said 
would go on the market in 2015.

The price tag is also a nice 
surprise for potential customers - it had been widely expected that a 
fuel cell vehicle would cost around 10 million yen.

The company 
said it will initially start selling the model only in the regions 
"where hydrogen refuelling infrastructure is being developed".

The price ranges for the US and European markets have not been decided, Toyota said. 
MUMBAI: The Indian auto market is only just about recovering after three bad years, but the country's biggest car maker is betting that not only will buyers flock back to showrooms soon, but also many will be looking to upgrade from the company's bread-and-butter range of small cars

Maruti Suzuki IndiaBSE 2.56 % (MSIL), the company responsible for launching India's small-car revolution in 1983 with the 800, is shifting its strategy in line with this thinking - it's going bigger and hop ..

Read more at:
http://economictimes.indiatimes.com/articleshow/37152402.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
MUMBAI: The Indian auto market is only just about recovering after three bad years, but the country's biggest car maker is betting that not only will buyers flock back to showrooms soon, but also many will be looking to upgrade from the company's bread-and-butter range of small cars

Maruti Suzuki IndiaBSE 2.56 % (MSIL), the company responsible for launching India's small-car revolution in 1983 with the 800, is shifting its strategy in line with this thinking - it's going bigger and hop ..

MUMBAI: The Indian auto market is only just about recovering after three bad years, but the country's biggest car maker is betting that not only will buyers flock back to showrooms soon, but also many will be looking to upgrade from the company's bread-and-butter range of small cars

Maruti Suzuki IndiaBSE 2.56 % (MSIL), the company responsible for launching India's small-car revolution in 1983 with the 800, is shifting its strategy in line with this thinking - it's going bigger and hop ..

MUMBAI: The Indian auto market is only just about recovering after three bad years, but the country's biggest car maker is betting that not only will buyers flock back to showrooms soon, but also many will be looking to upgrade from the company's bread-and-butter range of small cars

Maruti Suzuki IndiaBSE 2.56 % (MSIL), the company responsible for launching India's small-car revolution in 1983 with the 800, is shifting its strategy in line with this thinking - it's going bigger and hop ..

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