Mazda Starts Leasing Rotary Hydrogen Vehicles

Japanese Authorities Approve Leases with Two Companies in the Energy Sector

Tokyo, Japan, Feb 20, 2006 - (JCN Newswire) - Mazda Motor Corporation received permission from Japan's Ministry of Land Infrastructure and Transport (MLIT) on February 10, 2006, to begin leasing the RX-8 Hydrogen RE to its first two corporate customers. These vehicles, equipped with a rotary engine, feature a dual-fuel system that allows the driver to select either hydrogen or gasoline with the flick of a switch. Mazda has started limited leasing of the vehicles and today concluded leases with two energy-related companies, marking the first lease contracts of a hydrogen-powered rotary engine equipped vehicle in the world. Delivery of the vehicles is scheduled to take place in late March 2006.

Idemitsu Kosan Co. Ltd. and Iwatani International Corporation, both companies operating in the energy sector, have leased one vehicle each. By the end of 2006, Mazda plans to lease about 10 RX-8 Hydrogen RE cars to local government and energy companies. In 2003, Mazda exhibited a RX-8 hydrogen rotary vehicle at the Tokyo Motor Show and received permission from MLIT in October 2004 to conduct public road tests for ongoing development and practical application of this advanced technology. Mazda undertook 29 months of development from the time of announcing the concept model to achieving the breakthrough, real-world rotary hydrogen vehicle.

Employing a dual-fuel system, the Mazda RX-8 Hydrogen RE can run on either high-pressure hydrogen gas or gasoline. This combination offers excellent convenience because it can be driven in remote areas where hydrogen fueling stations are not readily available, easing driver concerns about running out of fuel. In addition, this system boasts great environmental friendliness--zero emission of carbon dioxide (CO2) gas and near zero nitrogen oxide (NOx) emission when fueled by hydrogen--together with the natural driving feel of an internal combustion engine.

It uses engine parts and production facilities that already exist in Mazda's inventory, so this innovative engine can be built with a high degree of reliability at a relatively low cost. The standard monthly lease price is 420,000 yen with tax included (400,000 yen/month without tax) which is almost half the monthly lease price of a fuel cell vehicle already available in Japan.

With the RX-8 Hydrogen RE, Mazda continues to advance the possibilities of the internal combustion engine and improve the performance of hydrogen-fueled rotary engine vehicles. It represents another Mazda contribution to a more environmentally friendly hydrogen energy society of the future.

Mazda's hydrogen vehicle development milestones

1991    Developed the first hydrogen rotary engine vehicle, HR-X 
1992    Test drive of golf cart equipped with fuel cell 
1993    Developed second hydrogen rotary engine vehicle, HR-X2 
        Developed test version of MX-5 equipped with hydrogen rotary engine 
1995    Conducted Japan's first public road test with Capella Cargo 
          equipped with hydrogen rotary engine 
1997    Developed Demio (Mazda2) FC-EV 
2001    Developed Premacy FC-EV and conducted first public road test in Japan 
          (with methanol reformer fuel cell system)  
2003    Announced Mazda RX-8 Hydrogen Rotary Engine vehicle development model 
2004    Conducted the world's first public road tests of the RX-8 hydrogen 
          rotary engine that runs on two types of fuel--hydrogen and gasoline 

About Mazda Motor Corporation

Mazda Motor Corporation started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. Overseas sales account for more than half of total turnover. Mazda has two main production sites in Japan and 19 overseas facilities. Overseas sites include joint ventures based in the United States, and in Thailand with Ford Motor Company, Mazda's largest shareholder.