Toyota Reveals Mirai Fuel Cell Car

Toyota will sell a new hydrogen fuel-cell car in the U.S. starting in 2015. The Toyota Mirai, revealed just ahead of this week's 2014 Los Angeles auto show, runs entirely on hydrogen fuel and can travel up to 300 miles on a single five-minute fill-up.

The Toyota Mirai takes its name from the Japanese word for "future." The car has a futuristic, angular design with many cues from other Toyota models, including the Corolla and Prius. The car will initially launch in California and certain parts of Europe in 2015. Toyota also announced a commitment to installing 12 hydrogen filling stations for the Mirai in New York, New Jersey, Massachusetts, Connecticut, and Rhode Island. Toyota says the locations picked will create a "hydrogen highway for the Northeast corridor" when they open in 2016, which the Mirai will go on sale in that region.

"Today, we are at a turning point in automotive history," Toyota CEO Akio Toyoda said in a statement. "A turning point where a four-door sedan can travel 300 miles on a single tank of hydrogen, can be refueled in under five minutes, and emit only water vapor."

The automaker plans to raffle off the very first production-ready Toyota Mirai fuel-cell car to a lucky buyer in California, with proceeds from the raffle going to environmental advocacy group Environment Media Association.

Toyota reportedly hopes to sell between 5,000 and 10,000 copies of the Mirai next year. In the U.S., the car's prime competition will be the Hyundai Tucson Fuel Cell that went on sale in California in June. Hyundai will offer free hydrogen fuel to all Tucson Fuel Cell lessees.

Come back for more details on the Toyota Mirai later this week.

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