Toyota throws hat into all-electric ring

Toyota is the undisputed leader in the hybrid space, and the Japanese automaker is looking to expand its kingdom by adding an all-electric vehicle to the mix. While there are few details available, Toyota has said the EV would likely be an urban city-type vehicle that will be available in the "early 2010s". Hopefully it will be more accommodating than Toyota's last attempt at an EV: the eCom (above), which used the innards of the RAV4 EV to achieve a top speed of 62 mph and a range of just 60 miles. Toyota's new EV, however, will be preceded in 2009 by the arrival of the brand's first plug-in Prius hybrid.

[Source: Bloomberg]

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