Toyota (NYSE: TM) today said that the 2025 Toyota Mirai** is expected to arrive at Toyota dealerships this Spring with a Manufacturer’s Suggested Retail Price (MSRP) of $51,795, excluding additional fees such as the Dealer Processing and Handling fee of $1095. The 2025 Toyota Mirai – Japanese for Future – will only be offered in the XLE grade, which will include an expanded list of standard features such as a Panoramic View Monitor, Front and Rear Parking Assist with Automatic Braking, front-seat foot illumination, Digital Key capability [see footnotes*] and dual-tone heated outside mirrors.
“Mirai has an EPA-Estimated Driving Range Rating of 402 Miles running on hydrogen from onboard tanks and oxygen from the outside air to generate power for the vehicle,” Toyota said. “In essence, the Mirai is a ‘plug-less’ electric vehicle. A Fuel Cell Electric Vehicle (FCEV) generates its own electricity onboard from hydrogen, with water as the only tailpipe emission. The fuel cell system combines stored hydrogen, along with oxygen from the air, and then a chemical reaction produces electric current and water, which drops out of a vent pipe beneath the car. Continue reading











Renault and Nissan Shuffle Alliance Holdings
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Renault Group* (Euronext: RNO) and Nissan (7201T and NSANY ADR) today announced new business projects for the evolving remains of the failed Renault Nissan Alliance. Renault Group would own 100% of Renault Nissan Automotive India Private Ltd (RNAIPL) by acquiring the 51% shareholding currently held by financially ailing Nissan. Nissan said it will maintain a presence in India with a focus on increasing market coverage. At its heart the shuffle involves complex product programs across global markets, once again requiring cooperation among diverse and distinct corporate cultures that have a troubled past working together. **
“RNAIPL would continue to produce Nissan models, including the New Nissan Magnite, and will serve as a crucial pillar for the company’s future expansion plans. Nissan chooses Renault Group to develop and produce a derivative of Twingo, designed by Nissan. The New Alliance Agreement would be amended to increase the flexibility of each party regarding their cross-shareholdings by setting the lock-up undertaking at 10% (instead of 15% currently). Nissan would be released from its commitment to invest in Ampere while continuing the agreed product projects,” the companies said in a joint release. Continue reading →