Toyota Motor has said it plans to launch an electric car in the United States by 2012 and boost its gas-electric hybrid offerings to as many as ten models in the early years of the next decade. Toyota said the announcement signals its intention to "broaden the scope of its advanced alternative-fuel vehicle development".
The Japanese automaker will show the prototype of its electric car, the FT-EV, at the Detroit auto show which opens today with press previews.
The two-seater hatchback shares its platform with Toyota's tiny iQ, a gasoline-powered four-seater which was recently launched in Japan.
"Last summer's four-dollar-a-gallon gasoline was no anomaly. It was a brief glimpse of our future," said Irv Miller, vice president of environmental and public affairs for Toyota Motor Sales USA.
"We must address the inevitability of peak oil by developing vehicles powered by alternatives to liquid-oil fuel, as well as new concepts, like the iQ, that are lighter in weight and smaller in size," Miller said in a statement yesterday.
"This kind of vehicle, electrified or not, is where our industry must focus its creativity."
While electric and small commuter vehicles will be a "key component of Toyota's sustainable mobility strategy", the automaker said that the conventional gas-electric hybrid is "considered Toyota's long-term core powertrain technology". Toyota announced plans last year to sell a million hybrids a year by sometime in the early 2010s.