06/07/2009

Toyota to Mass-produce PHEVs


Toyota Motor Corp. will start commercial production of plug-in hybrid cars in 2012, the first time such vehicles will be mass-produced.

Plug-in hybrid vehicles are more fuel-efficient than existing models and can be charged at home. Toyota, Japan’s biggest carmaker, may manufacture 20,000 to 30,000 vehicles in the first year.


Source : Bloomberg.com, by Heather Burke, July 3rd, 2009

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