Slashdot Mirror
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."
The real loss in hybrids is that there's simply not enough copper to wind large electric motors in every car in the world.
"Politicians and diapers must be changed often, and for the same reason."
"GM, Chrysler and Ford announce that they'll transition to "thinking about possibly getting some of those battery-rechargey cars" into production by 2015."
More like: "In the most recent bid to stave off bankruptcy, the remaining fragments of 'merkin motors (formed by the merger of GM, Chrysler, and Ford) announced today a new SUV for 2015, complete with passenger space for 35, and powered by a wood-burning external combustion engine. Rumors are that the new 65-ton SUV gets an impressive 5 A.F.B.P.M. (acres of forest burned per mile), and that "Canyonero" is the likely name of the behemoth. Shares dropped slightly on the news of the vehicle to a 3-month low of $0.01, following a 4-year high of $0.02 per share when K. T. "Rusty" Clown was named CEO of 'merkin motors. Mr. Clown's health problems were considered by analystis as "fictitious" and not detrimental to the job, at least in comparison to outgoing CEO Ruprecht Jameson, who after losing an impressive $10 billion (Approximately $9.9 Billion more than the net worth of 'merkin motors) cost shareholders a futher $20 billion when he deployed his golden parachute after doing a "heckuva job" according to the chairman of the board of directors."