Toyota VP Claims Hybrids Will Account For 20% Of Global Sales By 2020

Hybrid vehicles -- including extended-range plug-in hybrids -- will account for 20 percent of all global vehicle sales in developing countries by 2020, Toyota's top engineer predicted Monday.

Takeshi Uchiyamada, Toyota's executive vice president overseeing R&D and engineering, noted that hybrid sales are already 20 percent of annual sales in Japan, but that most of the developing world is at or below 10 percent hybrids.

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nguyenvuminh - 9/13/2011 9:29:16 PM

+1 Boost

Well, their "effort" seems to be working. With the possible exception of 2 or 3 mfrs, the rest are having multiple hybrid models in their line up. Now some of them are doing that as a response to government regulations but some of them are doing that as a response to a competitor so hybrid is here for the foreseeable future.