Toyota Says It Will Offer Plug-In Hybrid in 2010
Toyota has a change of heart on PHEVs
By Brendan Moore
Toyota Motor Corporation has announced that they will offer a plug-in hybrid (PHEV) in 2010. The plug-in will use lithium-ion batteries, the same sort of batteries that Toyota was saying were not stable enough to use in a car, and this, just months ago. But now Toyota states that it has instructed its Panasonic joint-venture battery factory to add a production line that will produce the new batteries.
Toyota also announced that they would make a clean diesel V8 available in both the Tundra and the Sequoia in the near future, but most people were interested in the PHEV news.
If Toyota has a PHEV available for sale in 2010, that would put it in direct competition with GM, who has repeatedly stated that they plan to have the Chevrolet Volt, a PHEV, available for sale to consumers in 2010.
In spite of Toyota’s decision to pursue PHEV technology, the company is still hedging its bets, saying that they’re not really certain if consumers will be wiling to pay the extra money for a plug-in, or for that matter, hassle with plugging the vehicle in all the time. In that vein, Toyota plans to offer the PHEV technology as an option level on the existing hybrid models.
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