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Plug In Drivers Not Missin' the Piston

This is the Kodak Moment for the Auto Industry. Electric vehicles are here to stay. Their market acceptance and growth will continue....

Wednesday, December 16, 2009

Toyota to Start Retail Sales of Plug-Ins in Two Years (Update2) - Bloomberg.com

Toyota to Start Retail Sales of Plug-Ins in Two Years (Update2) - Bloomberg.com: "Toyota Motor Corp., the world’s biggest seller of gasoline-electric hybrid cars, intends to begin retail sales of a plug-in version of its Prius hybrid in two years’ time as environmental concerns spur demand for fuel- efficient vehicles.

The company aims to sell “several tens of thousands” of plug-ins a year globally, Executive Vice President Takeshi Uchiyamada told reporters in Tokyo. Toyota will begin leasing the cars today to governments and businesses and aims to sign agreements covering 600 through the first half of 2010.

The company will also start selling a short-distance pure electric car in 2012. Nissan Motor Co., General Motors Co., Daimler AG and startups such as Tesla Motors Co. are also readying vehicles that run entirely or in part on electricity as governments push for vehicles that will reduce gasoline use and trim carbon-dioxide emissions."