Toyota delays next-gen lithium-ion Prius
Toyota's lithium battery of choice uses cobalt oxide, much like the problematic batteries that were catching fire in Sony laptops. GM's iron phosphate-based battery is said to be more chemically stable. Toyota is rumored to have also delayed plans for a hybrid Tundra, and the company's plan to build 600,000 hybrids per year by 2010 now appears to be in doubt. Its green status with the public and media has played a large role in the company's sales surge, but the above delays may give the rest of the world's automakers some room to react.
[Source: The Wall Street Journal via Winding Road]
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