USA Today article headline – Toyota cuts cost of hydrogen-fuel cell cars
Article author – Chris Woodyard, USA TODAY
Published Date – 5 a.m. EDT May 2, 2013
Article link – Toyota cuts cost of hydrogen-fuel cell cars (opens in new window)
It is really interesting to read in this article the dramatic cost reduction of Hydrogen fuel cell cars by Toyota. As stated by Toyota, if the Hydrogen fuel cell cars are able to be sold for $50,000 (around INR Rs. 30,00,000 or 30 Lacs), this price will bring FCHV (Fuel Cell Hybrid Vehicles) within the reach of a certain strata of customers. It may still not be within the reach of the common man, but still it is a beginning.
In India, state-owned companies like Indian Oil (IOCL) are already making headway and looking at innovative ways to make Hydrogen available. In fact, they are currently operating two Hydrogen fuelling stations in the New Delhi – National Capital Region.
We hope that these positive developments will make widespread Hydrogen fuelling stations and Hydrogen fuelled cars a reality before the turn of the decade in 2020.
USA TODAY ARTICLE TEXT BEGIN —
The cost of making a hydrogen fuel cell-powered car has fallen so dramatically that the same vehicle that cost about $1 million in past year can now be made for as little as $50,000 when it goes on sale in the U.S. in 2015, a top Toyota engineer says.
That means that customers probably will see sticker prices of up to $100,000 for cars so clean that they produce no more than water vapor from the tailpipe, Automotive News quotes Chris Hostetter, a group vice president for Toyota, as telling a conference.
The problem with hydrogen, of course, is that there are so few stations that sell it. Plus, most of it is made from natural gas, which begs the question, why not just make natural gas cars?
Currently, Toyota is testing a fleet of 100 fuel cell vehicles based on the Highlander crossover platform. The next generation will be shaped more like the Prius and will be for actual sale, Automotive News says.
Automakers have been showing a renewed interest in hydrogen, which was the subject of much interest a decade ago. In more recent years, most research had switched to batteries and electric cars. But now some automakers see reasons why hydrogen might be the fuel of the future.
— ARTICLE END
About the author: Mr. Siddharth Rastogi is the Sales Director at MVS Engineering and is passionate about introducing Hydrogen technologies in India with world leading organisations. He very closely follows developments in the Hydrogen economy worldwide. You may connect with him on LinkedIn or Facebook.
MVS Engineering is a turnkey supplier of Gas generation equipment for Nitrogen, Oxygen and Hydrogengases. Additionally, we also manufacture Air, Gas, Liquid Dryers and also Gas Purification systems. MVS is the largest supplier of gaseous Nitrogen, Oxygen and Hydrogen plants in India. Besides India, MVS also regularly exports it’s equipment to the Middle East, Africa, South East Asia and Europe.
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MVS Engineering is offering wide variety of Hydrogen generation technologies and has tied up with leading companies around the world to bring these technologies to India. Some of these are: