Toyota Denies Delays In Future Hybrid Launches
Toyota says it’s “bemused†by the Wall Street Journal's recent story that the timing for its next generation of the Prius has been pushed back. Rebutting the story, Toyota issued the following statement:
“We've been very interested to note stories in The Wall Street Journal over the past couple of days purporting that the introduction of a next-generation Prius has been delayed because of the slow pace of development of lithium-ion batteries.
The Journal also claims that those same concerns have postponed the introduction of the use of our Hybrid Synergy Drive, using those batteries, in other Toyota vehicle lines such as the Sequoia and the Tundra.
Of course Toyota maintains detailed schedules for future vehicle development, production and launch--schedules that are under constant refinement as market conditions and consumer needs evolve. But, we've never announced the timing for the introduction of a next-generation Prius, or for any of our other hybrid vehicles. We do, in fact, introduce our vehicles only when they're ready for introduction.
For that matter, we've not shared much information about a next-generation Prius, since--like most companies operating in a highly competitive market--we don't talk explicitly about future product. And we've not discussed the type of battery that any hypothetical next-generation version of Hybrid Synergy Drive might use.
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Toyota Denies Delays In Future Hybrid
Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by jkash, Aug 13, 2007.