Global cumulative sales of Toyota hybrid vehicles have topped the 500,000 mark, with approximately 513,000 units sold world-wide by the end of October this year.
Go deeper with GlobalData
TMC launched the Prius—the world’s first mass-produced hybrid vehicle—in Japan in 1997 and began selling it in North America, Europe and elsewhere in 2000. In 2001, it added in Japan the Estima (Previa) Hybrid minivan, the Crown luxury sedan mild hybrid and the Dyna light-duty hybrid truck.
In 2003, TMC introduced the second-generation Prius with a new-generation hybrid system called Hybrid Synergy Drive. In 2005, it expanded use of this system to the Lexus RX400h (Harrier Hybrid in Japan) and the Highlander Hybrid (Kluger Hybrid) SUVs.
TMC is now finalizing a hybrid system for rear-wheel-drive cars and will introduce it on the Lexus GS450h in spring 2006.
TMC has positioned hybrid technology as its key technology in addressing environmental issues in the 21st century, and it intends to enhance its hybrid lineup while encouraging the widespread use of hybrid technology.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
