Monday (14 Dec, 2009) Toyota Motor Corp. said, it would sell plug-in hybrid cars globally in about two years, as the Japanese auto maker seeks to retain its dominance in the market for cars powered by alternative technologies.
Initially, Toyota expects sales of plug-in hybrids to account only for several tens of thousands of cars a year. Still, "Toyota believes that plug-in hybrids are a realistic solution among vehicles using electricity," Toyota Executive Vice President Takeshi Uchiyamada said at a Tokyo news conference, where the company displayed a plug-in version of its Prius, the top-selling hybrid vehicle globally.
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