While Nissan and Tesla have put their money on electric vehicles with
lithium-ion batteries, Toyota has bet on hydrogen fuel cell technology
and plug-in hybrid vehicles. In fact, Toyota plans to ramp up production of hydrogen vehicles while cutting production costs.
The Toyota Mirai
was introduced in 2014 and was the first commercially available,
mass-produced sedan to run exclusively on hydrogen fuel. In May, Toyota announced plans to increase ten-fold its production of the Mirai from 3,000 in 2017 to at least 30,000 by 2020.
Unfortunately, the car has high production costs and starts at
$60,000. Due to limited production, the car is made by hand, adding
costs. Hydrogen vehicles also contain platinum,
a precious metal nearly 56,000 times more expensive than steel. Toyota
plans to reduce the platinum in the hydrogen fuel stack to save money.
Toyota began to invest in hydrogen technology in the 1990s instead of battery-powered electric vehicles.
“Toyota is confident that hydrogen fuel cells have a prominent role to play in a zero-emission transportation future,” said Matthew Klippenstein,
a principal with Electron Communications. “The technology is there, and
once they get higher volumes, the [lower] cost will be there too.”
Hydrogen vehicles use pressurized hydrogen gas to produce
electricity. The gas is stored in carbon-fiber tanks in the vehicle
before it is fed to the fuel stack. When the hydrogen interacts with
oxygen, to produce electricity that powers the vehicle. The only exhaust
emitted is water.
Like gasoline, it takes just a few minutes to fuel a vehicle, but the
network of hydrogen gas filling stations is currently very limited.
Hydrogen cars face the same energy distribution challenges that Tesla
and other EVs still battle.
Toyota’s hydrogen vehicles have an impressive range. Toyota’s new
hydrogen fuel cell Class 8 truck prototype has a range of 300 miles,
which is comparable to the Mirai at 312 miles. By contrast, Nissan claims a 150-mile range for the Leaf, which starts at around $30,000. The range of the 2019 Leaf, however, is expected to be greater. The Chevy Bolt starts at $36,620 and has a range of 238 miles.
When looking at larger vehicles, such as SUVs and trucks, hydrogen
fuel cell technology is even more appealing. “As cars get larger and as
consumers demand more range, more energy, more ability to do stuff, then
hydrogen fuel cells look much better than batteries, even despite the
goals of the next generation of batteries,” said Klippenstein. “And that is why the automakers still see hydrogen fuel cell vehicles as having value.”
Clearly, the Toyota Mirai will need to out-compete battery electric
vehicles to really capture a sizable market share. Its rapid fueling
abilities and range are impressive, but the lack of hydrogen fuel
refilling station infrastructure and the price is likely troubling to
potential buyers. The Mirai can compete on price with the Tesla Model S,
but is considerably more expensive than the Chevy Bolt and Nissan Leaf.
At this point, Toyota is putting its money into hydrogen. Time will
tell which zero-emissions technologies the market favors.
Source:
https://www.reuters.com/article/us-toyota-hydrogen/toyota-plans-to-expand-production-shrink-cost-of-hydrogen-fuel-cell-vehicles-idUSKBN1KG0Y0
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