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Report: Toyota doubling hybrid output to 1.2M In 2012

23 September 2012

The Nikkei reports that Toyota Motor Corp. is expected to produce 1.2 million hybrid vehicles this year—twice the 2011 total—as it brings the vehicles into Asian markets.

Batteries and motors for hybrids can be used in electric vehicles or in a coming generation of fuel-cell cars. Toyota thus believes that lowering costs for such key components through mass production will give it an edge in developing environmentally friendly vehicles.

September 23, 2012 in Brief | Permalink | Comments (5) | TrackBack (0)

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Comments

This is really great news for hybrid and electrified vehicles. A 100% increase to 1.2 million units in a single year is a good reason to rejoice.

Higher level mass production will allow Toyota to reduce electrified vehicles price in the near future.

Lineup all the GM/US "executives" who mocked the Prius and confiscate their pensions to help cover bailouts

That will save plenty of gasoline without having to substitute with another energy (electricity).

Toyota's HEVs and PHEVs are leaders towards future BEVs. This step by step approach gives essential time for batteries to evolve since each technology requires one order of magnitude more e-storage.

Ex:

1. HEVs need 1+ Kwh.
2. PHEVs need 10+ Kwh.
3. Practical BEVs need 100+ Kwh of batteries.

It is normal that practical/affordable BEVs will not be common place before higher energy density, 100 Kwh batteries are mass produced at much lower cost.

Meanwhile, expect that Ford's HEV sales to skyrocket also, due to major boost and major advancement in Ford's HEV and PHEV offerings.

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