The world’s biggest seller of hybrid autos, Toyota Motor Corp, said it intended to begin offering plug-in versions of the Prius hatchback to US consumers within three years.
“The target is to come to market with them by 2012,” Irv Miller, a group vice-president for Toyota’s US sales unit said at a conference in Los Angeles. Before that, “We’re going to study the challenges of consumer demand,” he said.
Toyota already plans to begin US tests late this year on 150 Priuses with lithium-ion battery packs that can be recharged at electric outlets.
Toyota joins Nissan Motor Co, General Motors Co, Daimler and startups such as Tesla Motors Co in readying vehicles that run entirely or in part on electricity. Governments are pushing for such models to reduce gasoline use and trim emissions of carbon dioxide.
Unlike Nissan, which has said it expects to sell hundreds of thousands of Leaf battery cars within a few years, Toyota has said it’s less certain of consumer readiness to buy vehicles that cost more and offer less range.
“Toyota’s wariness stems from sales in California of its battery-powered RAV4 sport-utility vehicles early in this decade,” Miller said.“We had a lot of people raising their hands for the RAV4 EV,” he said. “As soon as we made them ready for sale, that line evaporated very quickly,” he added.
Miller spoke at a panel discussion on advanced vehicles at a climate-change conference hosted by California Governor Arnold Schwarzenegger. Toyota’s US sales unit is based in Torrance, California.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
