Toyota may extend its investment in alternative sources of fuel for vehicles by looking into cars that are powered by ethanol and other alternative fuels.


The hint was given by the automaker’s North American president Jim Press who said: “We’re already developing vehicles that can operate in ethanol-rich Brazil and we’re optimistic that we can offer similar vehicles to American consumers.”


According to Reuters, Press did not elaborate on Toyota’s plans for flexible fuels but noted that international auto companies have been behind the industry’s overall growth.


Toyota has had success with hybrid technology in the US and Press added that the company was looking at a plug-in hybrid model. The car is currently an experimental design that can be charged through a standard electrical outlet.

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.

Company Profile – free sample

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
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.