Toyota is starting to capitalize on its lead in hybrid technology. Now the auto maker is off to the races to develop plug in hybrids. Toyota expects to have plug in or electric only vehicles on the road by 2010.
GM's attempt at the hybrid technology with the Volt is seeing increased delays. GM's development on battery technology to be used with the Volt has not been very successful. When announced last year, the Volt was heralded as the vehicle to change the industry as it was able to make a 40 mile journey on only electric power.
The increased competition has to be good for both the consumer, the industry and of course the environment.
Monday, January 14, 2008
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