According to an story in the Nihon Keizai Shimbun, and picked up by the AP, Toyota is planning on placing hybrid technology across its entire lineup of cars. By doing so, they plan on selling 1 million hybrid vehicles by 2012.
Currently Toyota sells the Prius, the Highlander hybrid and the Lexus RX 400h hybrid. They recently started selling the Lexus GS 450h hybrid (pictures, mileage and other info) in Japan, as well. Toyota currently sells more hybrid vehicles than all other companies combined.
Toyota is hoping to keep production costs down and so keep the retail price between hybrid and gas-only cars under $2550. They are also hoping to sell 2,000 hybrid cars in North America alone this year.
Monday, April 03, 2006
Toyota to implement hybrid technology across the board
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