The sedan, called the Mirai is set to rival similar Tesla models.
Ahead of the Tokyo Motor Show starting on Oct. 24, Toyota unveiled a prototype of the new hydrogen sedan built on the same platform as its luxury Lexus brand’s LS coupe. The new Mirai model boasts longer driving range than its predecessor and completely redesigned fuel cell stack and hydrogen tanks, the company said.
Its sporty redesign with longer wheelbase and lower-slung chassis is a marked departure from the first-generation Mirai, which looks like a bulked-up Prius hybrid.
The new car also has a 30% improvement in driving range over the previous iteration’s approximately 700 kilometers (435 miles), according to the company.
Costing consumers about 5 million yen ($46,500) after subsidies in Japan, the original Mirai is one of three fuel cell cars available to consumers.
Toyota has sold fewer than 10,000 of the Mirai, a fuel cell sedan it touted as a game changer at its launch five years ago. By contrast, Tesla sold 25,000 of battery-powered Model S sedans in its first year and a half.
The company has not yet released a price on the vehicle. The new Mirai is expected to be released in Japan, Europe, and North America next year.