Toyota looks to roll out a cheaper and smaller hybrid system by 2008. They hope to double production to 600,000 vehicles a year at that point. By making the hybrid system smaller, they hope to cut costs on new cars. Toyota currently has 8 vehicles with hybrid systems available. They hope to increase that to the whole line.
Toyota currently makes 250,000 hybrid vehicles a year. They plan on increasing output to 350-400K a year next year by addition of the Camry being built in Kentucky and the Prius being built in China.
Cite: CNN.com
Sunday, November 20, 2005
Toyota looks to decrease the size of hybrid vehicles
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