Toyota to introduce new hybrid system in 2008

greencarcongress.com -> asahi.com, channelnewsasia.com :

Toyota Motor Corp. in 2008 will put into practical use its third-generation hybrid-system (HS) engine, which will cut prices for eco-friendly vehicles, reduce fuel costs and slash production expenses, company sources said. The smaller, third-generation HS can be installed on many models. Most of the automaker's midsize and larger models will be equipped with the new engine.

Toyota put its first-generation HS into practical use in 1997 with the Prius model, and the second-generation in 2003, which generated 1.5 times more electric power than its predecessor, and was the world's top HS in terms of fuel-cost efficiency at 35.5 kilometers per liter of gasoline. The third-generation HS will be even more powerful. The batteries will be lighter than the ones for the second-generation HS, but have a higher performance.

Toyota currently produces more than 300,000 second-generation HS engines a year. The automaker plans to double that output for the third-generation HS. The increased production is expected to halve the difference in manufacturing costs needed for HS and gasoline engines.

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