Toyota had its share of electrifying announcements this year, in keeping with the green glow automakers are trying to shine on an otherwise gloomy season. Many headline-grabbers were cars you literally do need to charge up, from GM’s Cadillac Converj concept to Toyota’s own FT-EV electric minicar.
With the 2010 Prius, however, Toyota shows it isn’t flinching in its steely-eyed march toward annual sales of one million plug-free hybrids globally “by the early 2010s.”
Contrasting with the claims that lithium is right around the corner, Toyota’s flagship is staying with tried-and-true nickel-metal hydride batteries. That’s in keeping with Toyota’s cautious plans for 500 plug-in hybrids to be leased late this year for “market and engineering analysis,” as the company states. Regardless of how hard some rivals charge toward plug-in propulsion, Toyota marches steadily forward with what might now be called conventional cordless hybrids.
It’s not a march without stumbles. Total U.S. Prius sales barely tallied 159,000 this past year, compared to 181,000 in calendar 2007. The drop was most precipitous over the past few months as falling fuel prices coincided with the collapse in the economy, credit and car sales overall. The 12% year-on-year decline in Prius volume was not as bad as the 18% decline market wide. The slowdown is enough to have some wags wondering if hybrid technology will get no farther than a small, granola-fed plateau rather than climb the hills of real growth. (more…)