If it was from the article, then I apologize to the poster.

- Mark

Sent from my Fuel Cell powered iPhone

> On Dec 9, 2019, at 12:49 PM, EVDL Administrator via EV <[email protected]> 
> wrote:
> 
>> On 8 Dec 2019 at 23:12, Mark Abramowitz via EV wrote:
>> 
>> Your statement about Toyota not making money on the Mirai is pretty silly.
> 
> It wasn't the poster's statement, it was from an article he quoted.  And I 
> don't understand why you would call it "silly."  
> 
>> 
>> Who knows if they will make money on it, but they didnTMt make money on the
>> Prius for a number of years.
> 
> The Marai and Prius aren't at all comparable.  The Prius is a true mass 
> production vehicle.  The Mirai is effectively a proof of concept vehicle.  A 
> better analogy for it would be the GM EV1.  
> 
> I can't say I "know" that the Mirai will never be profitable, but it'd be a 
> pretty safe bet.  It may be a marvel of technology and a joy to drive for 
> its few ownerst, but i's a highly specialized, narrow-appeal vehicle.   It's 
> safe to say that Toyota will never amortize its development cost, let alone 
> sell it above production cost. 
> 
> It's far from unknown for automakers to accept initial losses on new vehicle 
> (ICEVs) when they're introduced, in order to establish them in the market. 
> Honda did that with the original Accord, and Toyota with Prius.  But those 
> cars had a reasonable expectation of success.  I can't imagine that Toyota 
> actually expects to ever make money on the Mirai.  
> 
>> Hopefully the success of the [Mirai] will be longer than the 10 or so
>> years it took to make money on the Prius  
> 
> The Prius turned a profit in 2001, 4 years after introduction.  
> 
> If Toyota really wants the Mirai to be successful, they should probably plan 
> on bulding as many hydrogen filling stations as Tesla has superchargers, and 
> as rapidly.  (Not that I actually think it's good for drivers when an 
> automaker, either Toyota or Tesla,  builds its own filling stations.)
> 
> That would require a substantial financial commitment.  While a supercharger 
> costs $250k to build, I've seen estimates anywhere from $1 million to $5 
> million for hydrogen filling stations.  Maybe the cost isn't well 
> established because so few have been built.  
> 
> Tesla has over 1600 superchargers.  That many H2 stations would cost between 
> $1.6 billion and $8 billion.  I could be wrong, but my guess is that Toyota 
> isn't going to spend that money, but rather wants governments to build the 
> stations for them, using our taxes.
> 
> David Roden - Akron, Ohio, USA
> EVDL Administrator
> 
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