When Toyota put their new 2010 Prius hybrid on the market last month, they were anticipating about 10,000 sales per month. Well, after under two months on the market, they are currently beating that estimate by over 1,000%, and that’s in Japan alone. The 2010 Prius has just gotten to the United States recently, and [...]
The Panasonic EV Energy Company, which is owned by Toyota and Panasonic Corp., will be tapped to produce even more batteries for Toyota’s hybrid models in the coming months. Toyota originally expected production of the nickel metal hydride batteries to consist of 700,000 units per year, and, after the resounding success of the company’s brand [...]
Word from General Motors indicates that the company will be getting rid of their Chevrolet Malibu Hybrid and that they will not be going ahead with a Chevrolet Equinox Hybrid model. The Malibu Hybrid has proven to have very sluggish sales to the point where GM claims that they have a sufficient backstock of the [...]
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