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Kaustubh Katdare
Kaustubh Katdare • May 9, 2010

Toyota FCHV-adv for $50000 in 2015

Toyota's first retail hydrogen model, Toyota FCHV-adv is set to make a debut in 2015. Toyota is world's leading hybrid car maker and has been successful in bringing down the costs of making the hybrid vehicles to about 10% of the costs in 2000. That's indeed a great achievement. The cars would cost upto $1 million in at the start of this century. The reduction has been made possible by cutting down the use of platinum in the production of the vehicles by about 1/3rd.

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Toyota FCHV-adv

The debut model is supposed to be a sedan with driving range nearly equal to a gasoline powered car, with some extra cost; said Mr. Yoshihiko Masu

da. Mr. Masuda is Toyota's Managing Director for advance autos. He further added that the company doesn't want to lose money with the introduction of vehicle. The company targets to cover the production costs within the cost of the vehicle. All big auto companies including Toyota, General Motors Co., Honda Motor Co., Daimler AG and Hyundai Motor Co. are entering the retail hybrid car markets by 2015. With the competition brewing up in hybrid car markets, the prices are expected to go down below $50k.

“On a cost basis per car, range and performance, fuel-cell vehicles can have an advantage over battery vehicles,” said Jay Whitacre, a professor of materials science and engineering at Carnegie Mellon University in Pittsburgh. “On a system basis, infrastructure, battery cars win.”

Now the big question Toyota is asking everyone: Would you buy FCHV-adv, with engine lifespan of 100,000 miles OR 10 Years for $50,000?

What say you?

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