Hybrid Cars - Alternative Energy



Hybrid cars have increased in popularity as of late.Nows the time to support alternative energy solutions and technologies.

Hybrid Cars - Alternative Energy

HYBRID NATION




"Hybrid Nation"











Saturday, May 12, 2007

Toyota says its cost of making hybrids will fall


TOYOTA CITY, Japan - Toyota Motor Corp. expects to cut costs for hybrid cars enough to be able to make as much money on them as it does on conventional gasoline cars by around 2010, a top executive said on Thursday.

Japan's top automaker has been keen to see the fuel-saving powertrain enter the mainstream since launching the Prius, the world's first hybrid car, in 1997, but sales have come at the expense of profitability given their high production costs.

But Masatami Takimoto, executive vice president in charge of powertrain development, said cost-cutting efforts on the system's motor, battery and inverter were bearing fruit, and the cost structure would improve drastically by the time Toyota reaches its sales goal of one million hybrids annually in 2010 or soon after.

story continued

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home

Google