2nd Oct 2014 09:26
LONDON (Alliance News) - ITM Power PLC Thursday said Toyota Motor Corp has unveiled plans to launch the Toyota Fuel Cell Sedan, the first production hydrogen-powered saloon car.
The car is set to be launched in Japan, the US and Europe during 2015, a statement from Toyota said.
Toyota is among the car companies involved in the Hydrogen for Innovative Vehicles, or HyFive, project to grow the number of fuel cell vehicles on the market. ITM Power, which manufactures fuel cell products, is also involved in the project.
ITM Power shares were up 5.1% to 20.5 pence on Thursday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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