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Toyota Will Offer a Plug-In Hybrid Vehicle by 2010

The chief executive of the Toyota Motor said Monday that he is pushing his company’s engineers to develop a plug-in hybrid-electric vehicle with a lithium-ion battery before 2010, raising the stakes in a race with General Motors, according to the New York Times.

The comments by Katsuaki Watanabe came at a briefing here on the sidelines of the Detroit auto show, which opened to the press on Sunday.

Mr. Watanabe said he welcomed a competition with G.M., which plans to introduce its own lithium-ion hybrid, the Chevrolet Volt, around 2010.

Posted by Peter C. T. Elsworth  at 12:17 PM to Toyota | Permalink

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