|Toyota six new hybrids by 2012|
|Toyota will show an all-electric version of the RAV4 it is developing with Tesla
Motors and will introduce a plug-in Prius to the U.S. in May or June 2012,
In addition, Takeshi Uchiyamada, Toyota executive vice president, said Toyota will introduce six new gasoline-electric hybrid models globally by the end of 2012.
The plug-in Prius will compete with the Chevrolet Volt and the Nissan Leaf,
both of which go on sale in the U.S. late this year. Uchiyamada said the company
expects to sell slightly more than 20,000 a year and expects the price to be
between $3,000 and $5,000 higher than the price of a conventional
Toyota is looking for two benefits from the partnership with Tesla that the
companies announced in.
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