Toyota denies claims Japan government funded Prius development

Posted on Thursday 3 April 2008

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Reports emerged this week claiming the Japanese government helped fund the development of the first generation Toyota Prius more than ten years ago. Toyota has since denied all claims, which were originated from a recent interview with Chrysler exec Jim Press who was working for Toyota at the time the Prius was first developed.

During an interview with Business Week, Press referenced the close cooperation between the Japanese government and its auto industry. The source quoted Press as stating “the Japanese government paid for 100 percent of the development of the battery and hybrid system that went into the Toyota Prius.”

Speaking with the Associated Press, Japanese officials said Thursday that the only help Toyota received were several government rebates for Prius buyers and that zero funding was given for developing the Prius.

Press’ new employer, Chrysler, has denied the claims as well. In a statement on its media blog, it said Press “was not speaking negatively of Toyota” but “referenced the close cooperation between the Japanese government and Japanese industry.”

The point of his statement was to express his desire to see similar cooperation between government and industry in the U.S., but unfortunately it appears his comments have been taken out of context.

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6 Comments for 'Toyota denies claims Japan government funded Prius development'

  1.  
    Gus
    April 3, 2008 | 10:29 am
     

    So what if the government did help? So what if they didn’t? I don’t get it.

  2.  
    Alister
    April 3, 2008 | 11:12 am
     

    Ironic really, lets help out the development of a “green” car over here and hunt whales over there.

  3.  
    Roy
    April 3, 2008 | 12:13 pm
     

    I’m with Gus on just not appreciating why this comment is fractious. The US, through the Dept of Defense, has financed the development of plenty of passenger aircraft, just as European govts have indirectly financed airbus. One could make lists like this all day.
    He even clarified his point by saying he just hoped the US govt would help assist carmakers in developing green technologies. The good news is that the US govt has given Big Oil over 15 billion dollars in tax breaks and they have channelled an enormous percentage of that (1 billion!!) into establishing new research centers around the US. It does the stockholders proud!

  4.  
    chris
    April 3, 2008 | 12:20 pm
     

    well… if you elect hilary… isnt she going to help fund green stuff? and obama wants to help his brothas in detroit.. so clearly you need to keep splitting your delegates between the two so they have no option but to form a power ticket and go to office together. then you get a green detroit. clearly. sheesh.

  5.  
    Gus
    April 3, 2008 | 2:08 pm
     

    Hilary and Obama would drive this country into the ground, while raising taxes to pay for it all.
    I’m so glad they’re still warring.

    Anyhow, yes, I think it’s no big deal, unless Toyota is out to prove that the Prius actually made financial sense for them and the buyers somehow?

  6.  
    Gene
    April 4, 2008 | 6:12 am
     

    @Alister

    You know what’s really “ironic”? The US is an anti-whaling whaling nation - it allows their native peoples to hunt Bowhead whales which is listed in Appendix I by CITES (that is, “threatened with extinction”) and is against whaling elsewhere.

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