Toyota hybrid production could hit 1 million units within next decade
While Toyota is far from alone in its development of hybrid vehicle technology, according to Reuters, it would appear to be far ahead of its U.S. competitors, who are instead focusing on alternative fuels (notably ethanol) as their near-term 'silver bullet,' while they play catch-up with hybrid technologies.
Of course, Reuters points out, the problem with the flex-fuel alternative is the necessary, massive build-out of an ethanol infrastructure before the fuel can have a significant impact on America's energy situation. Building flex-fuel-capable vehicles is not the problem - growing, refining and distributing the fuel is, and in the mean time, Toyota continues to refine its hybrids, focusing on improving production efficiency and lowering costs.
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