Japan's New Green Car Push

A new version of the Prius, which promises to be lighter and more fuel-efficient than the current generation, should also appear in 2009, and a plug-in version, which like the Volt will use lithium-ion batteries, is due to arrive a year later. By 2010, Toyota is also believed to be planning two more dedicated hybrid models, including a new hybrid minivan.

Toyota Takes a Long-Term View

Toyota will start production of Camry hybrids in Thailand next year and in Australia from 2010, and is already building a new factory in Japan for nickel-metal hydride batteries used in today's hybrids. "Toyota will continue to increase production of its current hybrid technology and should be selling over 800,000 units a year before we even see the first Chevy Volt," says Kurt Sanger, an analyst at Deutsche Bank (DB) in Tokyo.



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