Toyota Motor Corp. said it wants to reach cumulative sales of 5 million hybrid vehicles in the early part of this decade. Automotive News reports that Toyota, the pioneer in gasoline/electric hybrid vehicles, said earlier this month it had sold more than 2.68 million hybrid vehicles globally since it launched the first model in 1997. The best selling Prius and other models have received a boost in Japan especially in the last year thanks to government subsidies that favor hybrids over other fuel-efficient cars. Toyota has a goal of selling at least 1 million hybrid vehicles a year in the early part of this decade, and plans to introduce a hybrid option across its whole lineup as early as possible in the 2020s. Under a five-year environmental action plan to run through 2015 and released on Wednesday, the world’s biggest automaker also said it would improve its vehicles average fuel efficiency in all regions by 25 percent compared with 2005 levels. According to Finchannel.com, the plan is based on Toyota’s environmental principles of contributing to the growth of a sustainable society and earth through manufacturing that is in harmony with the environment, making cars, and offering quality products and services.
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Posts Tagged ‘hybrid technology’Toyota Plans 5 Million Cumulative Hybrid Sales by 2015Saturday, August 28th, 2010Lexus CT 200h Unveiled in GenevaMonday, March 29th, 2010With a sporty design and hybrid power, the Lexus CT 200h brings considerable panache to the luxury-compact segment. The front drive five-door goes into production late this year and will come to the states, where it is expected to draw new, younger customers to the brand. A 1.8-liter four-cylinder engine works with an electric motor, a nickel-metal-hydride battery, and a generator. The styling, draws heavily on the Frankfurt shows LF-CH concept and its asymmetrical dashboard. |
