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Old 02-16-2006 | 11:45 AM
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hydrogen-powered RX8

Mazda To Lease Cars Featuring Hydrogen-Powered Rotary Engine
Feb 16, 2006
Nikkei English News


TOKYO (Nikkei)--Mazda Motor Corp. (7261) announced Wednesday that it will begin leasing the RX-8 Hydrogen RE, a car equipped with a rotary engine that can run off either hydrogen or regular gasoline.

When powered by hydrogen, the RX-8 Hydrogen RE runs clean with no gas emissions. And because the car can also run off gasoline, it can be driven places where hydrogen filling stations are not yet available.

Mazda has already signed leasing contracts with Idemitsu Kosan Co. and Iwatani International Corp. (8088) and plans to deliver cars to them in late March. Before the end of this year, the automaker hopes to sign similar contracts for eight more of the cars with municipal governments and energy-related companies.

Because the RX-8 Hydrogen RE has a simpler structure than hydrogen-powered fuel cell cars, Mazda has set the leasing price at 420,000 yen a month, which is only around half the cost of leasing a fuel-cell-powered car.
Old 02-16-2006 | 12:29 PM
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