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Toyota Will Release $50,000 Hydrogen Sedan In 2015

by Joe on May 7, 2010

Toyota Will Release $50,000 Hydrogen Sedan In 2015

Toyota has promised that they will release the hydrogen-powered sedan by 2015, which it aims to price at $50,000. Toyota says that the company has managed to cut the production costs for hydrogen vehicles to a level that is approximately 1/10th the levels in the mid-2000s. The $50,000 price is still high, but Toyota and some analysts believe that in the long term, hydrogen-powered cars can become more cost effective than the currently more affordable battery powered vehicles. Stay tuned for more updates. [egmCarTech]