(Nikkei BP Group)
(No.1 High-Tech News Site in Japanese)
| Toyota, Mitsubishi Plan to Market Hybrid Car Model
January 11, 1999 (TOKYO) -- Toyota Motor Corp. President Hiroshi Okuda
revealed that Toyota plans to market a new hybrid car.
|At a Jan. 5 ceremonial meeting of Japan auto-related associations for
New Year's greetings, Okuda that the company will put on the market
two types of hybrid cars, a large one and a small one. He said the launch
date is not yet decided.
Toyota claims its "Prius" is the first mass-produced hybrid car for general
users in the world.
Toyota's hybrid system consists of an electric motor with a second battery
and gasoline engine. It can reduce the emission of carbon monoxide and
nitrogen oxide sharply and improve fuel-efficiency drastically.
Since Prius' launch in Japan in October 1998, sales have been brisk.
According to Toyota, the annual registered numbers of the cars in 1998
were 17,653 units.
At the same meeting, the president of Mitsubishi Motors Corp., Katuhiko
Kawasoe, also said that Mitsubishi plans to launch a hybrid car within
1999. The details of the car are unknown.
Mitsubishi will reportedly carry a gasoline engine and second battery
in the new hybrid model.
Electronics & AsiaBizTech Tokyo)
<Visit News Center for more Asian news.>