Business

Toyota: Automaker recalls all fuel-cell Mirai vehicles

Toyota: Automaker recalls all fuel-cell Mirai vehicles

The Mirai was Toyota's first mass-market hydrogen fuel-cell car

The auto giant said it would call back about 2,800 Mirai vehicles made between November 2014 and December 2016 to repair the defect.

Toyota said Wednesday it is recalling all the Mirai fuel-cell vehicles it has sold globally due to a software glitch that can shut off its hydrogen-powered system.

The auto giant said it would call back about 2,800 Mirai vehicles made between November 2014 and December 2016 to repair the defect.

Toyota launched Mirai — which means "future" in Japanese — in late 2014 as it looked to push further into the fast-growing market for environmentally friendly cars.

Mirai was its first mass-market hydrogen fuel-cell car, after Toyota scored a win with the top-selling Prius hybrid, which combines a regular engine and rechargeable electric battery.

Separately, Toyota on Wednesday launched a new plug-in model of its Prius, after the first version sold poorly following its 2012 release.

"The new model can run in electric-only mode — unlike the original Prius — at higher speeds and longer distances than the previous version," Toyota said.

Fuel cells, meanwhile, work by combining hydrogen and oxygen in an electrochemical reaction, which produces electricity. This can then be used to power vehicles or home generators.

But a lack of hydrogen refuelling stations has been a major hurdle to bringing fuel-cell cars into the mainstream.

The Mirai was launched with a relatively expensive 6.7 million yen ($58,000) price tag.

Source: Business

Click to add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

More in Business

CBN: Apex bank pegs Dollar rate for school fees, PTA at N375

adminFebruary 18, 2017

Kraft Heinz: Company says Unilever rejected merger offer

adminFebruary 17, 2017

Ford: Automaker not scrapping plans to build Mexico factories

adminFebruary 17, 2017

Nestle: Food giant says tax effects ate into profits in 2016

adminFebruary 16, 2017

In Kwara: Gov Ahmed boosts SME sector with N2.5B

adminFebruary 15, 2017

Heineken: Brewing giant's profits drained in 2016 by currency turmoil

adminFebruary 15, 2017

Huawei: Smartphone maker catching up on Samsung, Apple

adminFebruary 15, 2017

Toshiba: Shares tumble more than 10% over huge loss warning

adminFebruary 15, 2017

Jumia: Online retailer partners Estée Lauder to unveil beauty care products

adminFebruary 15, 2017