Either you believe the CEO and his positive outlook or the CEO is lying in which case there will be a class action lawsuit. I believe they guy and am very long.
Toyota and Hyundai's Hydrogen Fuel Cell Battle Begins
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By Katie Spence | More Articles | Save For Later
November 24, 2013 | Comments (21)
Hyundai will offer the Tucson fuel cell hydrogen-powered electric vehicle to retail customers starting in the spring. Photo: Hyundai.
At this year's Tokyo Auto Show, Toyota Motors (NYSE: TM ) unveiled its new fuel-cell vehicle, or FCV, concept that it says will be available for sale in the U.S. in 2016. Not to be outdone, Hyundai Motors (NASDAQOTH: HYMTF ) said that its Tucson crossover FCEV will go on sale in the U.S. next year. More importantly with this move, fuel-cell vehicles are that much closer to mass-market sales. So, what does this mean for battery electric vehicles, or BEVs?
The green car of the future?
When it comes to "green" vehicles, Toyota is far from being inexperienced -- in 1997, it unveiled the Prius in Japan. Following that, and a successful 2000 U.S. debut, the Prius became the first mass-produced, mass-accepted hybrid vehicle. Now Toyota is at it again and is hoping its FCV will gain mass-market acceptance. And there are a number of reasons it could.