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Toyota's production fuel cell car to cost between $50-100k

While the cost of building a hydrogen fuel cell vehicle continues to go down over time, reports over the last few years have steadily maintained that the first Toyota hydrogen-powered vehicles for customers should ring up for around $50,000. Company officials cited this figure way back in 2010, and have reiterated it in subsequent years.
So, while a recent Automotive News report about the cost of Toyota's 2015 Hydrogen car doesn't offer up any new figures, it does offer an interesting pricing wrinkle. According to the report, the "cost factor" for the hydrogen vehicles will be in the $50k ballpark, meaning the retail price could be anywhere from there, up to as much as around $100,000.

Toyota spending $168 million to make more Mirai fuel cell vehicles

The last semi-official number we had for pre-orders for the 2016 Toyota Mirai fuel cell vehicle was around 200. But demand is strong enough that Toyota is saying that it will spend 20 billion yen ($168 million US) to expand annual production capacity at the "secretive workshop" where the Mirai will be built from 700 in the first year (2015) to around 2,000 after that. Japanese newspaper Nikkei reported the increase and also breaks down where Toyota expects to sell the small number of Mirai vehicles it will make in the first few years: 400 in Japan by the end of 2015, 200 or 300 In the US in 2015 (and then 3,000 by the end of 2017) and between 50 and 100 in Europe annually starting around 2016. To make all of these hydrogen cars, Toyota will add two lines to the factory where the fuel cell stacks and tanks are built and it will also upgrade the assembly location. In the US, the Mirai will initially only be sold in California next year and will start at $57,500 or lease for $499 a month for 36 months (with $3,649 due at signing). The Japanese automaker is including hydrogen fuel for "up to three years" at that price, mostly because no one knows how to accurately measure and sell H2 for cars quite yet.

Japanese police raid Toyota HQ following Hamp arrest

Less than a week after Toyota's new global communications officer and first female senior executive, Julie Hamp, was arrested for allegedly bringing illegal painkillers into Japan, local police have raided the company's headquarters, Japan's Asahi newspaper claims. Details are remarkably scarce at this stage, and it's entirely unclear what police were looking to find at Toyota HQ. According to Reuters, Toyota has been completely quiet on the subject of the raid. It seems logical that police would execute a search on Hamp's office in a bid to find any additional illegal medication, but that is, of course, pure speculation. Hamp has been in headlines since June 18, when Tokyo police arrested her at her hotel. Allegedly, 57 pills of Oxycodone, a powerful, highly addictive, and easily abused painkiller, was sent to Hamp from the US. And while it may have been obtained here in the States with a legal prescription, that doesn't change the fact that it, along with some over-the-counter medications, remain illegal under Japanese law. The embattled exec has had some big-name support since her arrest, though. Akio Toyoda, the head of Toyota Motor Corporation, stepped out on Sunday and said, "We are confident...that once the investigation is complete, it will be revealed there was no intention on Julie's part to violate any law." Thus far Hamp has claimed ignorance, although that might not protect her from what one expert told Reuters could result in years in prison. Should any additional information become available, we'll be sure to update this post. News Source: ReutersImage Credit: Mark Renders / Getty Images Government/Legal Toyota julie hamp