Toyota has a name for its new hydrogen fuel cell vehicle.
Citing an unnamed source, a Bloomberg report reports that the new car will be called the Mirai, although the company hasn’t made an official announcement confirming that yet. Despite that, Toyota trademarked the name in the U.S. and is expected to make an official announcement about the nameplate closer to when the car goes on sale.
So far, Toyota is only referring to the vehicle as the FCV (concept car picture above) and is expected to begin selling it in fall, 2015 to customers in California. The Mirai will cost roughly $69,000 when it goes on sale and Toyota hopes that the car will woo people who might otherwise consider an electric car. The primary advantage hydrogen-powered vehicles have over EVs is that they are able to refuel in about the same time as a conventional gasoline-burning vehicle.
Trouble is, it’s tricky to find a station that sells hydrogen fuel. According to the U.S. Department of Energy, there are currently only 12 station in the U.S., of which 10 are in California. Toyota and Honda are gearing up to launch new hydrogen-powered vehicles in California and Hyundai began delivering its hydrogen-powered Tucson last month.
More stations are on the way in California and in 2013 Gov. Jerry Brown signed a new law that provides $20 million per year toward a targeted 100 hydrogen stations in the state by 2024.
GALLERY: Toyota FCV Concept
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[Source: Automotive News]