AICHI, Japan—Looking to boost sales of its Mirai hydrogen fuel cell vehicle, Toyota plans to begin mass producing the second generation of the automobile. The company says the new model must have a lower entry price and greater travel range.
TOKYO—Honda Motor Co. and General Motors Co. plan to set up a joint assembly plant to manufacture fuel cells. The goal is to reduce the market price of fuel-cell vehicles to levels that can compete with gas-electric hybrid vehicles.
AICHI, Japan—Toyota has unveiled a new assembly line here for its Mirai sedan, which is powered by hydrogen fuel cells. The line is expected to produce 700 units this year, expanding to 2,000 units in 2016 and 3,000 units in 2017.
Many experts tout fuel cells as one of the cleanest forms of green energy, because the devices reduce CO2 emissions and provide greater energy efficiency than combustion engines.