$50,000 seems like a lot but I'm surprised Toyota could get the price so low, considering the technology is incredibly advanced. Toyota won't be making any money on these cars to start out, I'm sure.
Toyota Targets $50,000 Range for Hydrogen Sedan Due by 2015May 6 (Bloomberg) -- Toyota Motor Corp., the biggest seller of hybrid cars, said it has cut the cost of making fuel-cell vehicles by about 90 percent since the mid-2000s and may be able to price its first retail hydrogen model at about $50,000.
The first model will be a sedan with driving range equal to a gasoline-powered car, "with some extra cost," Yoshihiko Masuda, Toyota's managing director for advanced autos, said in an interview. The Japanese carmaker has cut production costs to about one-tenth of earlier estimates that ran as high as $1 million per car and would need to cut current costs by about half before starting retail sales, he said.
Read more on Toyota's hydrogen sedan.
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