According to the latest reports from Automotive News, it appears that Toyota will launch an all-electric version of the iQ minicar in 2012, and offer a reliable car for customers who drive short distances in crowded cities.
Toyota says that the new iQ electric vehicle will be cheaper that rival cars such as the Mitsubishi I or the Nissan Leaf.
Still, both cars are larger, while the iQ offers 3+1-seats. Prices were not revealed by Toyota, but we do know that the prices for the gasoline-powered engine start at 12,900 euros in Germany.
Furthermore, the small electric car is expected to deliver a total range of about 105 km (65 miles) on a single charge. According to Toyota, the car will be launched in Europe, Japan and the United States, but China is also considered.
Toyota will develop the electric version of the iQ in-house, but it is also working on an electric version of the Rav4 crossover with Tesla.
The Toyota Rav4 EV Demonstration Vehicle was unveiled on Wednesday at the 2010 LA Auto Show. The car delivers a range of 100 miles (160 km) on a single charge, and will go on sale by the end of 2012. [via autonews - sub. required]