Tuesday, October 20, 2009

Toyota launches new hybrid


Toyota Motor Corp is ramping up its push on gasoline-electric hybrids, launching a new model in Japan and taking on up-and-coming rival Hyundai Motor Co in its Korean home market with its flagship Prius.

Looking a step beyond hybrids, the head of Honda Motor Co said he was considering launching electric vehicles in the United States, Europe and Japan, indicating a shift in the strategy of Japan's No.2 car maker for zero-emission cars.

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