Mazda planning to spend more on the development of green cars

Article by Christian Andrei, on October 7, 2010

In order to follow the trend in hybrids and other environmentally friendly vehicles, it appears that Mazda will devote a larger proportion of R&D funding to the development of these vehicles.

According to the Nikkei business daily, Mazda will raise the ratio from just above 20 percent in fiscal 2010 to about 40 percent in fiscal 2015.

Mazda spend 100 billion yen for group R&D in the current fiscal year, with 15 billion more that in the 2009 fiscal year. More than 20 percent from this sum went toward developing green cars.

By 2015 fiscal year, Mazda is expected to spend an average of 100 billion yen on R&D, but is also planning to raise these numbers to develop more eco-friendly vehicles.

And this is not all, as Mazda will improve energy efficiency for gasoline-powered vehicles such as SUV with a new engine which will be with 10 percent more fuel-efficient than the current more.

The bad news is that these plans will take time, and Mazda will be selling a hybrid as early as 2013, which means that Toyota will still be the leader in hybrid vehicles as the Japanese manufacturer introduced the Prius hybrid on the market back in 1997. [via autonews - sub. required]

Topics: mazda, green car, plan

If you liked the article, share on:


Login or Create new account to add a comment!


It wasn’t too long ago when Maserati took the wraps off what appears to be the most gorgeous concept coupe ever made. The Alfieri coupe premiered at the 2014 Geneva...
by - October 23, 2016
Many have been excited with the impending arrival of the next-generation Jeep Wrangler and the new 2019 Jeep Grand Wagoneer, which is slated to be the brand’s new range-topping model....
by - October 21, 2016
Chevrolet has taken the wraps off its new Chevrolet Colorado ZH2 at the fall meeting of the Association of the United States Army (AUSA). Tagged as the most extreme fuel-cell-powered...
by - October 21, 2016
Honda has unveiled the fifth generation of its hot-selling SUV – the 2017 Honda CR-V. The latest iteration of the CR-V should help it maintain its benchmark status in the...
by - October 21, 2016
Many are already expecting BMW to launch an ultra luxurious SUV that will serve at its new flagship by late 2018. Larger than the X5 and X6, the new X7...
by - October 21, 2016