Toyota raced into the future Monday, unveiling its first hydrogen-powered car and championing the technology at International CES.

Physicist and futurist Michio Kaku was on hand to introduce the company's new fuel cell, which he said has a range of 300 miles and can refuel in three to five minutes. "We are entering the age of hydrogen," Kaku said. "We are present at the creation of a hydrogen society."

Toyota's first car using this technology is called the Mirai — the Japanese word for future.

The car is due in the U.S. in the fall. It will cost around $50,000 and, the company said, Mirai's fuel cell can power a house for a week in case of an emergency.

As it attempts to push the world toward a hydrogen-fueled future, Toyota said that it's also hoping to find some compatriots. It will also let anyone, particularly engineers and car manufacturers, use its approximately 5,680 fuel-cell related patents — including those used in the Mirai — for free, Toyota said in a statement.

The car company says it will also build and fund the production of fueling stations, saying that it will first focus on creating that infrastructure in California and in the New York and New Jersey areas.