Toyota has also announced a new hydrogen fuel cell-powered car that it will sell in 2015. The concept car runs on a Lexus HS body and is powered by a "stack" that fits under the front seat.
Consumer Reports liked it: "On the road, the FCV, enclosed in a Lexus HS body, felt just like any electric car. It showed an abundance of effortless power right out of the gate and a quiet glide throughout. Maximum speed is 100 mph. The ride is compliant and typically Toyota unobtrusive. Handling is reminiscent of a Prius or Lexus HS, which means it's a bit mundane and uninviting. But here's the thing: It takes just 3 to 5 minutes to fuel up and give the car a 300-mile driving range, according to Toyota. No battery-electric car can come remotely close to that.
Fuel cell vehicles are electric cars that use a fuel cell, which produces its own electricity, instead of battery-stored electricity. A chemical reaction between hydrogen and oxygen from the atmosphere produces the electricity needed to spin the vehicle's electric drive motor. Manufacturers the world over have been working on this technology for more than 20 years but cost and the lack of infrastructure have been major obstacles."
Back in 2007, Toyota came out with a Highlander fuel cell hybrid vehicle. It could go over 300 miles on a tank of compressed hydrogen, but it cost more than a million dollars a vehicle. In contrast, the new Toyota FC will cost just $50,000 to make. That's a 95% reduction in cost in just seven years and without economies of scale, which means they are only going to get cheaper.
The new fuel cell stack is one-third the size of the old one and produces twice the energy. It can be refueled in three to five minutes. Fuel cells also benefit from producing only water and oxygen in exhaust. This will go far in helping to meet the new California zero-emissions laws.