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But people familiar with Toyota’s plans said the automaker thinks demand will perk up as more countries, including China, warm to fuel cell technology. The company also sees FCVs as a hedge against a scarcity of key EV battery materials such as cobalt. For now, Mirais are assembled by hand at a plant in Toyota City, where 13 technicians push partially constructed units into assembly bays for detailed inspections. This process yields just 6.5 cars a day, a sliver of Toyota’s average domestic daily production of about 13,400 vehicles.
Strategic Analysis Inc, which has analyzed costs of FCVs including the Mirai, estimates that it costs Toyota about $11,000 to produce each of its fuel cell stacks, by far the vehicles’ most expensive part, Toyota has been building up production capacity to change that, as it expects global FCV sales climb to 30,000 units annually after 2020 from about 3,000, Strategic Analysis estimates that would allow Toyota to reduce costs to about $8,000 per stack, It has already begun to use parts developed for the Mirai in other models, such as the fuel cell stack, which is used in Kenworth freight trucks being tested in California, the Sora bride and groom wedding date engravable round cufflinks FC bus it released in Japan in March and the delivery trucks it will test with Seven-Eleven stores in Japan next year..
“It will be difficult for Toyota to lower FCV production costs if it only produces the Mirai,” the first source told Reuters on condition of anonymity as he was not authorized to speak publicly about the issue. “By using the FCV system in larger models, it is looking to lower costs by mass-producing and using common parts across vehicle classes,” he added. The Mirai’s high production costs are largely due to expensive materials including platinum, titanium and carbon fiber used in the fuel cell and hydrogen storage systems.
Engineers have been reducing that by improving the bride and groom wedding date engravable round cufflinks platinum catalyst, a key component in the 370 layered cells in the fuel cell stack, which facilitates the reaction between hydrogen and oxygen that produces electricity, “We’ve been able to decrease the platinum loading by 10 percent to 20 percent and deliver the same performance,” said Eri Ichikawa, a fuel cell engineer at Cataler Corp, a Toyota subsidiary that specializes in catalytic converters, Strategic Analysis says using that much less of the precious metal would save up to $300 per fuel cell stack, based on an estimate that Toyota now uses about 30 grams of platinum per unit..
LONDON (Reuters) - Delays to the planned sale of Toshiba’s (6502.T) NuGen nuclear project in Britain have prompted a review of the roles of 60 direct employees, who are mainly based in Manchester, raising further doubts over its future. The plant in Moorside, north-west England, was expected to provide around 7 percent of Britain’s electricity when built, but has faced several setbacks after Toshiba’s nuclear arm Westinghouse went bankrupt last year. Following the Westinghouse bankruptcy, NuGen joint venture partner Engie (ENGIE.PA) pulled out of the project, leaving the Japanese firm searching for new investors.
Toshiba put NuGen up for sale and South Korea’s Korea Electric Power Corp (KEPCO) (015760.KS) was chosen as preferred bidder last year, but the process has stalled, Britain needs to invest in new capacity to replace aging coal and nuclear reactors that are due to close in the 2020s, but large new plants bride and groom wedding date engravable round cufflinks have struggled to get off the ground due to high costs and weak electricity prices, “Toshiba has pursued a sale of NuGen to KEPCO and the prolonged time it has taken reach a conclusion has required NuGen to undertake a review,” a spokesman for NuGen said..
“As such additional options are being pursued for NuGen’s future direction to deliver the next generation of nuclear new build in the UK,” he said. NuGen has around 60 direct employees, mostly based in Manchester, while the roles of around 40 contractors would also be placed under a 30 day consultation period later this week, the spokesman added. Britain’s government has yet to announce any kind of deal for the NuGen project. “We continue to engage with new build developers, though the detail of these discussions is commercially confidential,” a spokeswoman for the Business, Energy and Industrial Strategy department said.
Another plant, to be built by a unit of Japan’s Hitachi Ltd (6501.T), has also struggled to find funding, leading the British government to consider direct investment, However, EDF’s (EDF.PA) Hinkley Point C will be the first new nuclear plant built in the country in more than twenty years after securing additional backing from the French government, investment from China General Nuclear Power Corp, and a long-term power price guarantee from Britain, The government has been criticised for being too generous bride and groom wedding date engravable round cufflinks in the terms it has set for this deal..