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MOTORING NEWS
Nissan to introduce first fuel cell car by march 2004
October 22, 2003
TOKYO — Japan's Nissan Motor Co. will launch its first fuel cell car by
March 2004, President and Chief Executive Officer Carlos Ghosn said
Wednesday.
The vehicle will be based on the major Japanese automaker's
X-Trail sport-utility vehicle and be equipped with a hybrid system
combining fuel cells and an electric motor, Ghosn told reporters at
the Makuhari Messe, the venue for the 37th Tokyo Motor Show.
Gohn said that Nissan's first fuel cell car will be available
for lease, due to its high sticker price.
Japan's Toyota Motor Corp. and Honda Motor Co. introduced their
fuel cell cars last December on a lease-base. A Toyota official
explained that the expense of the fuel cell car, 1.2 million yen
(11,000 dollars) a month, lends itself to leasing, mainly to
government-related offices.
The Tokyo Motor Show was opened to the press Wednesday. The
exhibition, with more than 26 firms participating, including
automakers, motorcycle makers and parts producers, continues until
November 5. –Sapa-DPA
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