Honda and Toyota are betting on fuel cell vehicles but Nissan is taking a more cautious approach as Vice Chairman Toshiyuki Shiga has confirmed that automaker won't “rush” to match their Japanese counterparts.

Honda and Toyota are betting on fuel cell vehicles but Nissan is taking a more cautious approach as Vice Chairman Toshiyuki Shiga has confirmed that automaker won't “rush” to match their Japanese counterparts.

In an interview with The Japan Times, Shiga said fuel cell vehicles are part of Nissan's long-term plan but the company believes they can have more success with electric vehicles. As he explained, “At the moment we are showing quite good results for the electric vehicle sales" and "we have a quite optimistic view for the future of EV expansion."

Shiga went on to say fuel-cell vehicles are still in their infancy and the cost of building hydrogen refueling stations is still a huge hurdle. The executive also noted electric vehicles are "more economically feasible" for customers and have a lot of government support.

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Nissan VP downplays fuel cell vehicles, has high hopes for EVs