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Jul 19, 2014
Japan To Offer $20,000 Subsidy For Fuel-Cell Cars
Toyota is on track to launch the first consumer fuel-cell car in Japan next year, and the country's Prime Minister says the government wants to assist the new alternative to gas-driven vehicles. Shinzo Abe announced that Japan will offer subsidies of almost $20,000 for fuel cell cars, which will decrease the Toyota model's cost by about 28%. He said, "This is the car of a new era because it doesn't emit any carbon dioxide and it's environmentally friendly. The government needs to support this. Honda is also planning to release a fuel-cell car next year, but experts expect widespread adoption to take decades, since hydrogen fuel station infrastructure is still in its infancy.