~ Auto Buzz ~: Toyota Increasing Mirai Production To Meet Strengthening Demand

Tuesday 9 December 2014

Toyota Increasing Mirai Production To Meet Strengthening Demand



Toyota Mirai in Red


Its looks leave the B&B cold, and is powered by a fuel whose infrastructure leaves a lot to be desired. So, how popular could the Toyota Mirai possibly be? Better than you’d expect.



Nikkei Asian Review reports Toyota will be investing ¥20 billion ($165 million USD) to triple local production in order to meet corporate and public-sector demand, which is likely to exceed the 700 units currently planned for assembly by the FCV’s showroom debut December 15.


The investment will allow for increased fuel stack and hydrogen tank production at its main factory in Toyota City, with upgrades planned at a nearby facility where final assembly of the Mirai is conducted. In turn, the move could spur on related investments in infrastructure and other products by interested companies.


Toyota expects to sell 400 Mirais in its home market by the end of 2015, with 3,000-plus moved in the United States by the same period in 2017, and around 50 to 100 in Europe in 2016. Exports to the U.S. and Europe are set to begin next summer.


The post Toyota Increasing Mirai Production To Meet Strengthening Demand appeared first on The Truth About Cars.


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