Mazda to Introduce Hydrogen Plug-in Hybrid in 2008

Few additional details of program available.

Published: 21-Mar-2007

TOKYO (XFN-ASIA) - Mazda Motor Corp plans to increase by fiscal 2008 domestic production by about 15 pct from the fiscal 2006 level and introduce a hydrogen-electric hybrid vehicle by that year, the Nikkei business daily reported without citing sources. Mazda will give details of plans to increase production capacity and focus resources on green vehicles in its medium-term business plan to start in the year to March 2008, which will be announced tomorrow.

The Nikkei said Mazda plans to run its two domestic plants at full capacity. At its Yamaguchi Prefecture factory, it is set to upgrade painting equipment, which has been an obstacle to increasing output. Domestic production, which is estimated at 990,000 units for fiscal 2006, is to rise to 1.05 mln in fiscal 2007 and reach 1.15 mln in the following financial year.

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

The H2 Truck is a small vehicle used in many different operation fields including luggage hauling, small commercial vehicles, hospitals and ports.

While Bush visited California Fuel Cell Partnership in Sacramento, in nearby Davis, demonstrators featured a student-built "plug-in hybrid," which can travel at about 60 miles per gallon.

Norwegian Minister of Finance Kristin Halvorsen promised that hydrogen cars with a combustion engine will be exempted from taxation in the same way as electrical cars and fuel cell based hydrogen cars.

READER COMMENTS

blog comments powered by Disqus