Toyota plans to sell 1 million hybrids per year this decade

The first mass production hybrid vehicle, the Prius, came from Toyota in the late 1990s. The Prius was soon joined by several other hybrid vehicles in the Japanese market including larger SUVs and vehicles aimed at commercial use. Today, Toyota offers hybrid vehicles from its luxury brand Lexus in the U.S. along with the Prius, Camry Hybrid, and Highlander Hybrid.

Toyota Motor Company (TMC) has announced that in Japan the sales of hybrid vehicles have topped the million unit mark. The Prius was also the best selling vehicle in Japan in 2009.

Globally, Toyota has sold over 2.68 million hybrid vehicles as of July 31, 2010. The company currently sells eight hybrid vehicles outside Japan with overseas sales for TMC at 1.68 million units. According to Toyota, its hybrid vehicles have resulted in some significant savings in greenhouse gas emissions. TMC figures that since 1997, its hybrids have resulted in four million less tons of CO2 emissions in Japan alone and 15 million fewer tons of CO2 produced globally.

Toyota has bigger plans still for its hybrid vehicle sales. The company plans to sell a million hybrid vehicles per year during this decade and add hybrid models to every vehicle in its line as early as 2020. Toyota's iconic Prius hybrid was launched in 1997. More recently, Toyota and electric vehicle maker Tesla have worked together on a new plant and the development of hybrid and full-electric vehicles.

There were also reports in May that a minivan using Prius hybrid technology would be coming next spring.

"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer
Related Articles

Latest Blog Posts
T-Mobile Data Problems
Saimin Nidarson - Oct 20, 2016, 10:17 AM

Copyright 2016 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki