Toyota building on the success of the Prius

By Bruno De Wachter / Published on Thu, 2007-06-14 07:30

All Toyota cars expected to be hybrids by 2020

A Toyota spokesman has announced that the production cost of hybrid vehicles is coming down rapidly. It is expected that by 2010 it will be approximately the same as the production cost of a traditional car. He suggested that Toyota will aim at selling only hybrid cars by 2020. Given Toyota’s current position as the world’s largest automobile manufacturer, this announcement will almost certainly have a major impact on the car industry.

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