Honda, Toyota, and Nissan are partnering in Japan to offer up to $90,000 a year per station to subsidize the operation of hydrogen refueling stations. The program is expected to run through 2020 and could cost as much as an estimated $49 million.
The chief engineer of the Toyota Mirai doesn't think that there's a future in fast-charging EVs because they put too much strain on the electrical grid and have a short range. Unsurprisingly, he thinks the future is in hydrogen.
Reuters reports that the Japanese government will probably not meet its target of having 100 hydrogen stations up and running by early next year. After the last deadline for financial subsidies passed, only 76 stations had been approved.
Demand for the Toyota Mirai is higher than the company says it anticipated, but the wait to get one in Japan reportedly sits at over two years. With Toyota's slow pace of production, the early success might hurt the sedan's prospects in the long run.
Toyota's New Video Series Takes Us Behind The Scenes
In a series of newly released videos and photos, Toyota is taking people behind the scenes at its Motomachi factory campus to show off the 13 people responsible for putting together the Mirai fuel cell vehicle.