Bob Wimmer Director, Energy & Environmental Research February 1, 2018 What is the Future of Hydrogen? Future Fuel Strategies Webinar The Future is Hydrogen Future Fuel Strategies Webinar Bob Wimmer Director, Energy & Environmental Research February 1, 2018

Are we all the same?

Are our vehicle needs the same?

So how can our vehicles and their powertrains be the same?

It will take a portfolio of technologies is needed to meet Customer needs & desires Global regulations Societal responsibility Hydrogen Fuel Cell Vehicles must be part of the solution

Global Electrification Targets Management Challenge Global Electrification Targets +5.5M Electrified Vehicle Sales per year by 2030 + 1M of those ZEV Electrified vehicles available for all models around 2025 More than 10 new BEVs by 2020

Powertrain Pathway Toward 2050

Vehicle Technologies Conventional Plug-in Hybrid Vehicle (PHEV) Internal Combustion Engine (ICE) Hybrid Vehicle (ICE and Battery) Plug-in Hybrid Vehicle (PHEV) ICE and battery utilizing both gasoline and electricity Zero Emission Vehicle (ZEV) Electricity or Hydrogen

One Size / Technology Does Not Fit All

Electrified Vehicle Sales Growing Slowly

Zero Emission Electric Vehicle Benefits Zero Tailpipe Emissions Energy Diversity Fuel can be generated from variety of sources Sustainable When fuel is produced from low/no carbon sources Fuel Cell Electric Vehicle Fun to Drive Battery Electric Vehicle High torque electric drive Low CG for nimble handling + 300 mile range < 5 minute refueling Good cold weather performance -30 C operation Scalability Unique FCV Attributes

2017 Mirai Status Status +3000 Mirai delivered in CA +5000 Mirai delivered in globally US Lease - $349/mo for 36 months, includes free fuel, maintenance & roadside assistance Sales begin in NE states when stations are ready later this year

Safety By Design High Pressure Tank

Industry Interest in Fuel Cell Vehicles Honda Clarity – for lease today Hyundai Tucson – for lease today Toyota Mirai – for sale today Others GM (partnering with Honda) - 2020 Mercedes GLC F-Cell - 2020 BMW i8 FC Concept (Partnering with Toyota)

Scalablity of Technology - Powerplant More cells or stacks can be added to a stack to make more power The size or number of tanks can be increased to extend range

Scalablity of Technology - Buses Toyota began demonstrating hydrogen fuel cell transit buses in 2005 Operating at World Expo, airports and in-service routes 100 second generation fuel cell buses for 2020 Tokyo Olympics Second Generation Toyota FC Bus Concept First Generation Toyota FC Bus

Scalablity of Technology - Trucks Toyota is demonstrating a zero emission fuel cell tractor trailer hydrogen fuel cell Hauling cargo containers from Los Angeles & Long Beach ports Huge environmental benefit for local underprivileged communities 80,000 lb GVW and 200 mile range Powered by two Mirai FC systems Second Generation Toyota FC Bus Concept

CA H2 Station Growth 31 public H2 stations open in CA today 12 more planned in 2018 Governor Brown just proposed doubling the total number of stations to 200 Toyota is partnering with multiple providers on over 30 stations Northern California Southern California

NE H2 Station Status 12 stations coming in the Northeast (NJ, NY, CT, RI & MA) beginning this year Toyota partnering with Air Liquide Will begin delivering FCVs when sufficient coverage exists in a region Education of state & local regulators time consuming Multiple states and regulatory bodies slows progress

Takeaways A portfolio of technologies is needed to meet: Customer needs and desires Achieve targeted volumes Hydrogen fuel cell vehicles are necessary to achieve ZEV targets Multiple manufactures are “all in” with fuel cell technology Consumers, not technology, are the greatest challenge Growth of H2 infrastructure is key to FCV success

Thank You For Your Attention 2018 Prius 2018 RAV4 Hybrid Thank You For Your Attention 2018 Camrys 2017 Mirai