Toyota to triple output capacity for fuel cell vehicles

Following on from the debut of the Mirai fuel cell vehicle at the LA Auto Show last month, Toyota have recently announced that they will invest approximately 20 billion yen ($165 million) to triple domestic production capacity for the Mirai in light of strong demand from the corporate and public sector.

The Mirai went on sale in Japan last Monday December 15th; prior to that, Toyota expected orders to exceed its current annual capacity of 700 units hence the significant investment plans.

Toyota plans to sell 400 Mirais in Japan by the end of 2015, whilst in the U.S., it aims to move at least 3,000 units by the end of 2017. In Europe, the plan is to sell 50 to 100 units a year around 2016.

The full Nikkei press release can be found here.