Toyota Building Lithium-ion Plug-in Hybrids for 2010 Launch

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Toy­ota will be intro­duc­ing next-gen­er­a­tion plug-in hybrids with lithi­um-ion bat­ter­ies in Japan, the U.S., and Europe by 2010. Toy­ota will tar­get leas­ing cus­tomers to sell its gas-elec­tric vehi­cles that can be recharged from home elec­tri­cal out­lets. A joint ven­ture between Toy­ota & Mat­sushi­ta, which makes Pana­son­ic prod­ucts, will begin pro­duc­ing lithi­um-ion bat­ter­ies in 2009, and will be ready for full-scale pro­duc­tion in 2010.