Business Daily from THE HINDU group of publications
Tuesday, Oct 23, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Tuesday, Oct 23, 2007 ePaper | Mobile/PDA Version |
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Announcements Industry & Economy - Cars Hybrids: Toyota wants import norms eased K. Giriprakash Tokyo, Oct. 22 Toyota Motor’s Indian subsidiary has asked the Government to consider relaxing norms for import of hybrid cars such as Prius. An official with Toyota Kirloskar Motor Company told Business Line that it has been negotiating with the Indian Government to consider relaxing norms for import of completely built units (CBUs) of environment-friendly cars like Prius. But Toyota officials say that it may take a long time before Prius can hit Indian roads as it does not see any immediate results from its negotiations with the Government. Worldwide, sales of Toyota hybrid cars have crossed over one million units. The Toyota Motor Corporation Project General Manager for R & D Management Division, Mr Yutaka Matsumoto, said that Toyota plans to sell an equal number of such cars every year from 2010. Mr Matsumoto said Toyota expects that most of its models should go hybrid though it may not happen immediately. “For us, hybrid is our core technology. We have to see that we are able to adapt most of our models to hybrid technology,” Mr Matsumoto said. He said currently eight models of Toyota are hybrid cars. It launched its first hybrid car, Prius in Japan in 1997 and extended its sales to North America, Europe and elsewhere in 2000. Hybrid systemA hybrid system combines different power sources to maximise each other’s strengths while compensating for each other’s shortcomings. A gasoline – electric hybrid system (used for Prius) combines an internal combustion engine’s high speed power with the clean efficiency and low speed torque of an electric motor. A hybrid battery for example stores energy that is ordinarily wasted while driving or stopping and then applies and to supplement engine power when accelerating. The second generation Prius, equipped with Toyota hybrid system II was launched in 2003 with an emphasis on delivering both environmental performance and power. It began the first overseas production of hybrid vehicles in Chagchun in China in 2005 and later followed it up with manufacturing the cars in Kentucky in the US in 2006. More Stories on : Announcements | Cars | Exports & Imports
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