Toyota Going 100% Hybrid By 2020
autofan1 writes "Toyota's vice president in charge of powertrain development, Masatami Takimoto, has said cost cutting on the electric motor, battery and inverter were all showing positive results in reducing the costs of hybrid technology and that by the time Toyota's sales goal of one million hybrids annually is reached, it 'expect margins to be equal to gasoline cars.' Takimoto also made the bold claim that by 2020, hybrids will be the standard drivetrain and account for '100 percent' of Toyota's cars as they would be no more expensive to produce than a conventional vehicle."
You are absolutely correct: this graph shows the average miles per gallon of all vehicles in the United States. It is extremely telling that the graph is practically level since the mid 80s. To think that we haven't gained any more knowledge of engines is ridiculous - we should be improving fuel-efficiency standards, but we're not.
To address the GP, I recall reading somewhere that if the average vehicle got 28 miles per gallon (the actual number is between 25 and 30), we would not have to import a drop of oil from OPEC. Even if hybrids get only 50 mpg, the demand for fuel would decrease substantially. Furthermore, the technology that goes into hybrid vehicles could easily improve (it's a relatively new technology).
My UID is a prime number. Yeah, I planned that.