The Business Times
SUBSCRIBERS

Toyota chairman says fuel-cell cars need more time to catch on

Published Mon, Jan 23, 2017 · 09:50 PM
Share this article.

Tokyo

TOYOTA Motor Corp chairman Takeshi Uchiyamada, known as the "father of the Prius" for his work on the world's bestselling hybrid car, said that fuel-cell vehicles will take longer than petrol-electric cars to become popular because of the need to build infrastructure.

"The hybrid sold much faster than we had anticipated," Mr Uchiyamada, 70, told Bloomberg Television's Francine Lacqua at the World Economic Forum in Davos, Switzerland. "As for the FCV (cars), we assume it won't be as fast as the hybrid as the infrastructure needs to be prepared before it becomes major in the market."

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Transport & Logistics

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here