TOKYO, Wednesday
Japanese
auto giant Toyota will start selling its first fuel-cell sedan this
financial year, with a price tag of around 7 million yen ($70,000), the
company announced Wednesday.
The vehicles will be
rolled out by March and beyond the home market during the summer of
2015, it said, in a move that will see the environmentally friendly cars
available in the United States and Europe.
"Hydrogen
is a particularly promising alternative fuel since it can be produced
using a wide variety of primary energy sources, including solar and wind
power," the automaker said in a statement.
This is the
first time Toyota has given a specific time frame for its fuel-cell
cars, which it had previously said would go on the market in 2015.
The price tag is also a nice surprise for potential customers — it had been widely expected that a fuel-cell vehicle would cost around 10 million yen.
The
company said it will initially start selling the model only in the
regions "where hydrogen refuelling infrastructure is being developed."
The price ranges for the US and European markets have not been decided, Toyota said.
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