First Toyota Plug-in Hybrid to Bow in 2010

The lithium-ion fleet would be made available first to Toyota’s commercial customers around the world, like government agencies and corporations; no word on when it would be available to retail customers.

Published: 14-Jan-2008

DETROIT — The Toyota Motor Corporation, which leads the world’s automakers in sales of hybrid-electric vehicles, announced Sunday night that it would build its first plug-in hybrid by 2010.

The move puts Toyota in direct competition with General Motors, which has announced plans to sell its own plug-in hybrid vehicle, the Chevrolet Volt, sometime around 2010.

Katsuaki Watanabe, the president of Toyota, announced the company’s plans at the Detroit auto show as part of a series of environmental steps.

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