Toyota wants hydrogen to succeed so bad it’s paying people to buy the Mirai::Toyota is offering some amazing deals for its hydrogen fuel cell-powered Mirai. That is, if customers can find the hydrogen to power it.
Toyota wants hydrogen to succeed so bad it’s paying people to buy the Mirai::Toyota is offering some amazing deals for its hydrogen fuel cell-powered Mirai. That is, if customers can find the hydrogen to power it.
For comparison, grey hydrogen currently costs around $2 per kg, and green hydrogen costs around $12 per kg. Filling a Toyota Mirai tank with green hydrogen would cost you about $70. That’s production at today’s electricity prices. The cost to fully charge a Tesla is about $15, same rates.
So for green hydrogen to beat grey hydrogen on the open market, costs need to drop by a factor of 6. And because it can only do this if electricity prices drop off a cliff, it’d be doing this in an environment where you can fully charge a luxury BEV for $3…
Hydrogen is also not the only game in town in terms of competitors with BEV. For those niches where fully battery-operated vehicles aren’t practical, there are also biofuels, which are (from a climate change point of view) greener than green hydrogen anyway (although they have their own controversies).