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Akio Toyoda, the president of the world’s biggest automaker Toyota Motor Corp., spent the weekend driving around a racetrack in western Japan in a specially outfitted Corolla.

But it’s no ordinary version of the bestselling car. Toyoda drove a version specially equipped with its new in-house hydrogen engine, which propels the vehicle by burning the fuel much like traditional engines use gasoline. Along with Mazda Motor Corp., Toyota showcased vehicles running on carbon-neutral propellants in a three-hour road race this weekend in Okayama.

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