Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Uncategorized

Toyota unveils $57,500 hydrogen-powered Mirai to replicate Prius success

byCustoms Today Report
19/11/2014
in Uncategorized
Share on FacebookShare on Twitter

TOKYO: Toyota Motor Corp has left its counterparts behind by introducing the world’s first car that is run on hydrogen instead of gasoline.

 

You might also like

Pakistan to get $3b loan from Islamic Trade Financing Corporation

20/10/2024

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

10/09/2024

The company will introduce this first mass-market fuel cell vehicle, hoping to replicate the success of its Prius hybrid. The four-seater sedan, named Mirai, the Japanese word for “future”, will first go on sale in four cities in Japan on Dec 15.

 

Sales in the United States and Europe will follow in the fourth quarter of 2015, the world’s biggest automaker said, unveiling the car simultaneously in California and Tokyo.

????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

The ultimate “green car”, fuel cell vehicles (FCVs) run on electricity made by mixing hydrogen fuel and oxygen in the air – a technology first used in the Apollo moon project in the 1960s. Its only by-product is heat and water – water so pure the Apollo astronauts drank it.

“This technology is going to change our world,” Toyota Managing Officer Satoshi Ogiso said at the launch in Newport Beach.

 

Mirai will cost 6.7 million yen ($57,460) before taxes in Japan, which on Tuesday announced a subsidy of 2.02 million yen on FCV purchases. In the United States, it will cost $57,500, which could drop to $45,000 after federal and state incentives.

 

Toyota aims to sell just 700 globally next year, mainly due to a dearth of hydrogen fuel stations, executives said. It expects cumulative U.S. sales to reach 3,000 by the end of 2017.

Toyota Chairman Takeshi Uchiyamada, who led development of the first-generation Prius, said he expected global sales to rise to “tens of thousands” in the 2020s.

???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

A day earlier, Honda Motor Co unveiled a pre-production version of its first mass-market FCV in Tokyo but stopped short of giving a price or sales target.

JAPAN-AUTO-TOYOTA-FCV

Honda, which with Toyota launched the world’s first road-ready FCVs in December 2002, pushed back its estimated sales start in Japan to the year ending in March 2016 from the original 2015, citing overall delays in vehicle development due to quality problems. It now expects US sales to start no earlier than March 2016.

????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????

Honda’s yet-to-be named fuel-cell sedan seats five and has a range of over 700 km (435 miles), while Mirai can go 650 km on a full tank under Japanese standards.

Tags: Apollo moon projectCaliforniaEuropefuel cell vehicles (FCVs)gasolinehydrogen-poweredMiraiPriussedanToyotaToyota Chairman Takeshi UchiyamadaToyota Managing Officer Satoshi OgisoUnited Statesworld's biggest automaker

Related Stories

Pakistan to get $3b loan from Islamic Trade Financing Corporation

byCT Report
20/10/2024

ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...

Lahore I&I & Enforcement anti-smuggling operations achieve record success in early FY 2024-25

byCT Report
10/09/2024

LAHORE:  Regional Directorate of Customs Intelligence & Investigation has demonstrated exceptional performance in the first two months of the fiscal...

ICCI and CDA to join hands for tree plantation drive in Capital

byQaisar Mansoor
09/08/2023

ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) in collaboration with the Capital Development Authority (CDA) would jointly launch a...

Customs Officials Yawar Abbas & Tariq Mehmood kidnapped in Karachi

byCT Report
08/07/2023

KARACHI: Customs Intelligence Officer Yawar Abbas and Customs Preventive Officer Tariq Mehmood who were working against smuggling were kidnapped by...

Next Post

4,000 air-conditioners worth Rs357m smuggled thru Afghan Transit Trade: FBR

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.