Sunday, July 5, 2009

REPORT: Toyota will launch series production PHEV Prius in 2012

REPORT: Toyota will launch series production PHEV Prius in 2012: "According to Japan's Nikkei news agency, Toyota has decided to start series production of a plug-in version of the Prius hybrid in 2012. At launch, the automaker plans to build about 20,000-30,000 units a year of the plug-in hybrid. According to the report, the car will be priced comparably to the Mitsubishi i-MiEV at about $48,000. That's a pretty steep price and quite a bit higher than the $40,000 pricetag expected to be applied to the Chevy Volt when it arrives late next year. That also puts the PHEV Prius at about twice the price of a conventional model.

The PHEV Prius will likely be the first product to use lithium ion batteries produced by Panasonic EV Energy Co. The battery is expected to provide about 12-18 miles of range although it's not clear how much of that will be possible without running the engine. We'll probably have a better idea of that next year after the 500 or so prototypes go into test fleets starting late this year."

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