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15-May-07, 07:10 PM
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| News Hound  Join Date: Aug 2004 Location: Floating among Data streams, waiting for the right moment
Posts: 44,023
  |  Slashdot // Toyota Going 100% Hybrid By 2020 autofan1 writes "Toyota's vice president in charge of powertrain development, Masatami Takimoto, has said cost cutting on the electric motor, battery and inverter were all showing positive results in reducing the costs of hybrid technology and that by the time Toyota's sales goal of one million hybrids annually is reached, it 'expect margins to be equal to gasoline cars.' Takimoto also made the bold claim that by 2020, hybrids will be the standard drivetrain and account for '100 percent' of Toyota's cars as they would be no more expensive to produce than a conventional vehicle." Read more of this story at Slashdot. More... |
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