
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




