Gasoline-electric hybrids will remain the standard
Toyota Motor Corporation (NYSE:TM) has decided to introduce new plug-in hybrid cars by 2012.
The company has targeted to sell 50,000 vehicles in the US, Japan and Europe by the end of 2012. Additionally, Toyota Motor Corporation (NYSE:TM) is also introducing a fuel-cell powered sedan-type car around 2015 in the U.S., Europe and Japan.
Toyota Motor Corporation (NYSE:TM) Executive Vice President Takeshi Uchiyamada said, “The electric vehicles will be mainly for short commutes for some time and gasoline-electric hybrids will remain the
Southeast standard for green cars because drivers won’t have to worry about running out of electricity on the road”.
