Toyota also made another big announcement today.
The 2016 Toyota Mirai, a hydrogen fuel cell electric vehicle will debut at the Toyota Owners 400 NASCAR Sprint Cup Series in April. This marks a milestone for the company: The Mirai will be the first hydrogen-fueled vehicle to participate at the NASCAR race.
The Mirai is a four-door, mid-size sedan with performance to pace the 43-car NASCAR field at Richmond International Raceway, while using no gasoline and emitting nothing but water vapor. The car refuels in about five minutes and travels up to 300 miles on a full tank.
The car will be on sale later this year.
Toyota has more than 2 million hybrid vehicles on U.S. roads.