Toyota to sell fuel cell vehicle

|About: Toyota Motor Corporation (TM)|By:, SA News Editor

After its great success with hybrid vehicles, Toyota (NYSE:TM) is now moving into the hydrogen fuel cell arena by selling its new car with the technology before April of next year.

The model's list price is about ¥7M ($70k), but with factoring in subsidies and tax breaks the vehicle will sell for about ¥5M ($50k).

With a single hydrogen fueling, the planned fuel cells can take the new vehicle almost 430 miles.