Toyota has announced plans to introduce six new hybrids by the end of 2012. The company has also revealed additional information about the 2012 Prius Plug-in Hybrid. Full coverage inside.
Toyota has announced plans to introduce six new hybrids by the end of 2012.
While details are limited, three of the models will be available only as a hybrid. The other three will be hybrid versions of models currently available with petrol engines.
Takeshi Uchiyamada, Toyota's executive vice president, also revealed the Prius Plug-in Hybrid will cost $3,000 to $5,000 more than the standard Prius. While isn't chump change, a base price of $25,800 to $27,800 would vastly undercut the $41,000 Chevy Volt. A U.S. launch is schedule for mid-2012 and sales are expected to total 20,000 units annually.
As for the often talked about RAV4 EV, co-developed with Tesla Motors, Uchiyamada said work has already begun at the company's technical center in Michigan. It will be introduced at the 2010 Los Angeles Auto Show and go on sale in 2012.