Huge bet on hydrogen economy

Fuel cell vehicles have been key to Toyota's plan to eliminate at least 90% of the carbon dioxide emissions from its vehicles by 2050 though that bet was recently hedged by the CEO taking personal charge of a new crash program to catch up in battery electric vehicles. This contrasts with Toyota earlier selling its stake in Tesla. Following achievement of market leadership in hybrid cars by a big margin, Toyota has argued that it is more likely to convince consumers to use gasoline-electric hybrids and fuel cell vehicles in future rather than battery-electric vehicles BEVs, which used to have less driving range. They still take longer to recharge than filling up with gasoline or hydrogen. However, there has been public indifference to fuel cell cars as they remain very challenging to refill given there are so few hydrogen charging stations and they and the vehicles are expe...

Full article: http://www.electricvehiclesresearch.com/research/article....

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