Back in August of 2006, when Mazda was visiting Norway to celebrate the launch of the first ever hydrogen filling station, it said that Mazda could bring a hydrogen combustion engine powered vehicle to the market in about 5 years. But now according to a news by Japan’s Nikkei financial news service, Mazda is working hard to introduce a hydrogen powered hybrid-electric vehicle in 2008.

Mazda today announced their new mid-term plan called ”Mazda Advancement Plan.” The plan has three targets to be achieved by 2010: 1.6 million global retail sales, an operating profit over 200 billion yen, and a return on sales (ROS) ratio of six percent, in addition to a stable payout of dividends.”

Source: Inside Line


Share |  Email  Print |






Subscribe & Connect

Connect with us on any of our social profiles below.

Subscribe to our e-mail newsletter to receive updates.

  • Cesar M. Gonzalez

    Bravo for Mazda ! It takes integrity and courage, as well as conviction to come out with a hydrogen car before the rest of the pack. This is a first for the auto industry, and also the second time that Mazda has demonstrated initiative as they did with the rotary ( Wankel ) engine in the late 1970′s.
    Congratulations are in order for Mazda Motors.