Toyota is about to pass another major milestone in the race to build the next-generation of
hybrid vehicles with the announcement today that it will construct a new $192 million plant in Japan solely to manufacture batteries. The plant is being developed jointly with Matsushita Electric – the company behind Panasonic – and will be constructed in Shizuoka prefecture, in central Japan.
The plant will initially produce nickel-metal hydride batteries for Toyota’s current hybrid fleet as well as the
next-generation Prius hybrid due at next year’s Detroit Auto Show. The
Nikkei reports that a second battery plant will be built for newer lithium-ion batteries that will eventually make their way into Toyota’s new plug-in hybrid vehicle due at the end of the decade.
Mercedes-Benz is expected to be the first major carmaker with a lithium-ion powered hybrid vehicle when it launches a new
S400 hybrid sedan next year, and GM is also hard at work readying its Volt plug-in hybrid for a 2010 launch. Earlier this month GM engineers reached a new milestone in testing, with initial prototypes of the car reaching the
goal of 40 miles of electric-only driving.
Nissan, which still hasn't developed its own hybrid system for
commercial sale, said it will have its original hybrid and electric vehicles by 2010 and announced a new its
joint venture with NEC this week to start mass-producing lithium-ion batteries next year.
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By burke Posted: 5/23/2008 8:22am PDT
By chris Posted: 5/23/2008 9:04am PDT
anyways.. i love the 200M investment in technology they know will be antiquated in 5 or so years. heres an idea.. how about you take that 200 million... put it in a savings account... just build the LIon plant, and then use that 200M that you would have spent on past technology, and use it to subsidize your own technology. that way, people wont have to buy a lexus prius in 2010 just to get Lion hybrids. I'll tell you why,.. cause you're milking it just like everyone else does, and you need to give people an incentive to get the first gen lexus prius.
Disclaimer: i'm not shooting down toyota for "milking it"... hell ford NA has been milking the C178 platform for 10 years and counting. I'm reminded of that every day. It's business. Just saying... everyone goes on about toyota spending their money in smart ways to get the best product they can to their customers. bull.
By bambam Posted: 5/23/2008 9:24am PDT
When was the last time something new
came out and is being accepted straight
away but not perfect. Every other car
looks the same.
this is fresh, no other front look like this.
By chris Posted: 5/23/2008 10:18am PDT
By bambam Posted: 5/23/2008 10:27am PDT
They will change it if they can because its risky.
without one or two tough guys in there, its back to basic for them.
They prefer corolla or camry's or prius but not Rx8 or Chevy volt.
something new and acceptable.
By burke Posted: 5/23/2008 12:23pm PDT
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