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Toyota to double hybrid models
June 20, 2006
Toyota to double hybrid models
Toyota Motor announced that, as the company's mid-term project to enhance its environmental technologies and boost environmentally friendly vehicles, it hoped to increase the sales of hybrid cars four times from the current level by doubling the number of gasoline-electric hybrid models by the early 2010s.
Under the plan, the world's second largest car maker aims to raise hybrid car sales from 235,000 units to one million in the early 2010s, while doubling the number of hybrid models from seven at present, Toyota President Katsuaki Watanabe said.
Toyota also announced it would release ethanol-powered motor vehicles in Brazil in the spring of 2007 and further develop hybrid and bioethanol-compatible vehicles as well as fuel cell passenger cars.
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