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Toyota says cost of FCHV-adv fuel cell protoytpe is $129,270

by Eric Loveday (RSS feed) on Aug 3rd, 2011 at 11:51AM

Toyota has reportedly cut the cost of its current fuel-cell prototype, the FCHV-adv, down to ten million yen, ($129,270 U.S. at the current exchange rate). This is according to a Toyota engineer who spoke with Ward's Auto at the Center for Automotive Research's Management Briefing Seminars in Traverse City, MI. In the past, Toyota targeted a price point of $50,000 for its ready-by-2015 production fuel cell sedan, but that's the price at which Toyota intends to sell the vehicle to the public and has no direct connection to production costs. That's not to say that progress has not been... Read More

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