Hybrid - Electric

Honda Motor Co. has announced that it will unveil an exclusively hybrid sedan for purchase next year. The vehicle will be made available in Japan, North America and Europe as the company hopes to hybridize 10 percent of its fleet by 2010. Honda also plans to add a hybrid version of the Fit to the market. Moving even further in the direction of electric powered vehicles, Bob Shrier, founder of Liberty Electric Cars Ltd. and a graduate of Middlebury College, has announced that his United Kingdom based company will invest £30 million in the production of high performance electric vehicles. It is unsure whether any of these pure electric vehicles will hit the US market, but in other HEV news, Toyota Motor Corp., the world's biggest automaker, has set the goal of selling 1 million hybrid vehicles annually by 2010. [Sources: Reuters & Auto Industry]

No comments: