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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.
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