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Toyota Aims to Reduce Fuel Cell Vehicle Cost to 1/10 of Current By Commercialization in 2015; Reduction to Another 1/10 With Scale

Green Car Congress

During his presentation at the recent California Air Resources Board (ARB) ZEV Technology Symposium, Tatsuaki Yokoyama, from Toyota Motor Engineering & Manufacturing North America, said that Toyota aimed to reduce the cost of fuel cell vehicles to 1/10 of the current level by design and materials improvement by commercialization in 2015.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

The potential is enormous because the current grid has sufficient energy capacity to supply every vehicle in the United States if every one of them was a PHEV. These can be supplied by our current energy distribution and dispensing network without changing the infrastructure. To ignore this potential is wasteful and foolish.

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