Toyota FCV Hydrogen Sedan To Get Huge Incentives in Japan

Toyota FCV 1 photo
Photo: Toyota
As when the first Prius emerged, people are now pretty reserved regarding Toyota’s new hydrogen-fueled sedan. Some say that its manufacturing process and fuel obtaining will put out the same amount of CO2 as a normal car. However, the Japanese government chose to trust the company and it will actually help it sell as many units as it can.
Japan’s prime minister Shinzo Abe is planing rebates of at least $20,000 (¥2,035,900) for each Toyota or other make fuel cell vehicles. Which means that the taxpayer-funded program will cut down the FCV’s price to about $50,000 (¥5,089,750) and put it in line with a small luxury sedan.

The incentives, along with the 100 planed fueling stations built by March 2015, will make the hydrogen cars more appealable to taxi operators and other companies wanting to cut down their fleet carbon print.

“It’s still difficult to make these cars popular among ordinary consumers, but the subsidy has certain effects on companies interested in promoting themselves as green,” said Tomohide Kazama, Senior Consultant at Nomura Research Institute.

Toyota’s FCV is said to make an important change in the auto industry, just like the Prius did a while ago. The car promises to solve current electric vehicle problems such as range anxiety and recharging times.

The FCV uses an advanced hydrogen fuel cell that combines hydrogen with air to create electricity and water. The hydrogen gas is stored in two bulletproof containers which can be refilled in around 3 minutes to give the car an autonomy of around 300 miles (483 km).
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