Toyota to launch plug-in hybrid vehicle in China

Article by Christian A., on August 25, 2010

Dow Jones reported that Toyota Motor will soon launch its plug-in hybrid vehicle in China as a test. A new model for the country's small-sized, low-priced car segment by 2015 will also be available, according to company executives.

At the recent Beijing Auto Show, Toyota officials said that these plans are intended to regain customer trust after millions of cars were recalled worldwide over safety concerns and defects.

The recall covered more than 75,500 RAV4 SUVs in China. The world's largest auto market, China, is considered to be a growth region for Toyota's sales.

In China last year, Toyota sold 709,000 vehicles, up 21% and is targeting a 13% growth to 800,000 units this year. First-quarter sales increased by 40% from a year earlier to 178,200.

Takeshi Uchiyamada, Toyota's executive vice president, said that the company aims to introduce its plug-in hybrid cars on a trial basis to the Chinese market as soon as possible. Masahiro Kato, president of Toyota Motor (China) Investment Co., said that the company is thinking about a new, small, low-priced car for the Chinese market.

He said that he wishes to offer it to the market in five years. Last week, Toyota Motor said that it would start production at a new Chinese factory in the first half of 2012.

The site is where the third factory operated by Toyota's local joint venture with FAW Group will be situated. Initially, the 3.8 billion yuan ($557 mln) new plant will originally produce the Corolla model at 100,000 units a year. Toyota currently has total annual capacity of 800,000 units in China.

Topics: toyota, china, hybrid

If you liked the article, share on:

Comments

Recommended

For many years, Lamborghini has always relied on the use of large and powerful engines including the V10 and the V12. In fact, the company’s very first engine in the...
by - October 17, 2017
You can now get the Opel Crossland X that’s LPG-powered if you are not a fan of diesel. Recently, the company released their version of the Peugeot 2008 equipped with...
by - October 17, 2017
As seasons change, temperatures rise and fall. The changes affect our preferences when it comes to driving cars. Therefore, Aston Martin introduces the new DB11 Volante or convertible, and it...
by - October 16, 2017
Aston Martin may be known for building many of the stylish Bond cars we see on the big screen but nobody really knew how it can get super aggressive when...
by - October 16, 2017
Today, manual transmissions have become rare in mainstream cars and are more commonly found in performance cars within the $20,000 to $40,000 range. However, the selection of affordable, three-pedal performance...
by - October 16, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries