Toyota Honda Unveil New Electric Cars WSJ com | Electric Cars and Hybrid Vehicle - Green energy

Toyota Honda Unveil New Electric Cars WSJ com

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Honda Electric Cars

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Updated Nov. 18, 11:52 a.m. ET

Toyota Corp. TM -0.54% Toyota Corp. ADS U.S. NYSE $ -0.62 -0.54% March 10, 4:03 pm Volume (Delayed

235,000 AFTER HOURS $ -0.59 -0.52% March 10, 7:55 pm Volume (Delayed 965 P/E Ratio 9.61 Market Cap Billion Dividend Yield N/A per Employee $764,041 02/06/14 Looks to Boost Exports. quote details and news TM in Value Your Change position and Honda Motor Co. HMC Honda Motor Co. Ltd.

ADS NYSE $ 36.57 -0.55 March 10, 2014 4:05 pm (Delayed 15m). 1.23M P/E 13.56 Market Cap $66.79 Dividend Yield 2.14% per Employee $616,579 03/01/14 Working With Ferrari, Vo.

More quote details and HMC in Your Value Your Short position on Wednesday their latest offerings in the competitive electric vehicle more than a decade both launched electric that failed to catch on U.S. car buyers.

Taking stage at the Los Angeles Auto Honda rolled out an electric of its Fit subcompact and Toyota unveiled its EV small sports utility Both said their range cars will be available in 2012 and come with lithium-ion batteries, coming from its partnership Tesla Motors Inc. -2.99% Tesla Motors U.S.


Nasdaq $ 238.84 -2.99% March 10, 2014 pm Volume (Delayed 15m). AFTER HOURS $ 237.29 -0.65% March 10, 2014 pm Volume (Delayed 15m): P/E N/A Market Cap $30.33 Billion Yield N/A Rev. per Employee 03/10/14 HEARD ON THE STREET: to R. 03/07/14 As Tesla Cools, A Few Sh. 03/07/14 Crystal Ball: Your Predic. More details and news TSLA in Value Your Change position

The two Japanese automakers had unveiled but less technologically advanced, of compact EVs in the late 1990s nickel-metal hydride batteries. ceased production of those earlier this decade weak sales.

Executives at the two car expressed cautious optimism the reception this time be different than it was for the 1997 RAV4 EV and 1998 Honda EV But neither released expected figures or prices for their new vehicles.

We’re committed to do it, said Mendel, executive vice at American Honda Motor. But will be very much a program, he said after media presentation.

Similarly, officials played down the that electric cars are the wave of the future for automotive Instead, they depicted it as one of technologies competing in the environmentally-friendly, niche of the market.

We see a role for the EV, but far, far below 10 percent of the said Bob Carter, general of the Toyota brand in the U.S.

Toyota appears to be hedging its with EVs, it is moving to expand its lead in the gas-electric segment, where it sees the growth potential.

In January, plans to roll out a Prius line of four different gas-electric vehicles. Company say this sub-brand will include the current Prius, a version of the Prius, a hybrid wagon based on the Toyota model sold in Europe and and a hybrid subcompact using the Yaris platform.

Honda Electric Cars

By the end of this decade, Prius be the number one nameplate in the industry, the as a close second, said Lentz, president of Toyota’s sales unit. And that’s not we expect a big drop in demand for he said in an interview.

The Toyota is currently the best-selling car in the U.S.

said the shell of its electric would be built in Canada, but the where the electric power would be installed is under

Telsa, based in Palo California, is building the battery at its new plant in Fremont, Calif. is the former Toyota- General Corp. GM -1.59% General Co. U.S. NYSE $ 37.09 -1.59% March 10, 2014 pm Volume (Delayed 15m).

AFTER HOURS $ 37.01 -0.22% March 10, 2014 pm Volume (Delayed 15m): P/E 9.52 Market Cap $59.92 Dividend Yield N/A Rev. per $709,712 03/10/14 Congress to GM Rec. 03/09/14 William Ford, Grandson of. 03/07/14 Recall Claims Face

More quote details and GM in Your Value Your Short position plant closed earlier this

Toyota also is planning a electric car based on a Toyota iQ.

Honda said it will a plug-in vehicle in 2012, but has not which model it will be on. However, company officials say it will be for a mid-sized vehicle, may indicate it is destined for a hybrid of the Accord, its mainstay in the midsize

Honda Electric Cars
Honda Electric Cars

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