Toyota, in about-face, may mass-produce long-range electric cars: Nikkei

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Toyota, in about-face, may mass-produce long-range electric cars: Nikkei

Toyota Motor Corp is looking at mass-producing long-range electric vehicles (EVs) that would hit the market around 2020, the Nikkei newspaper reported on Monday, in what would be a dramatic reversal in strategy for the world's top-selling automaker. By adding longer-range EVs to its product range, Toyota would be changing its tune from promoting plug-in petrol-electric hybrid cars and hydrogen fuel-cell vehicles (FCVs) as the most promising alternative to conventional cars. The Nikkei business daily, without citing sources, said Toyota would set up a team in early 2017 dedicated to developing electric cars that can travel more than 300 km (186 miles) on a single charge.
Toyota Motor Corp's new Prius hybrid car is displayed during its Japan launch event in Tokyo

http://news.yahoo.com/toyota-face-may-mass-produce-long-range-electric-015714743–finance.html

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