Published

Canada Investing in Toyota Hybrid Production

The governments of Canada and Ontario have agreed to invest a combined $34 million to enable Toyota Motor Corp. to produce hybrid vehicles at its plant in Cambridge, Ont.
#hybrid

Share

The governments of Canada and Ontario have agreed to invest a combined $34 million to enable Toyota Motor Corp. to produce hybrid vehicles at its plant in Cambridge, Ont.

The funding is intended to help Toyota retool the factory to make its Lexus RX450h hybrid crossover vehicles. The project marks the first hybrid passenger vehicle to be mass produced in Canada.

RELATED CONTENT

  • Startup Readies Solar-Powered EV

    Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.

  • FCA Opens the Door to The Future

    FCA introduced a high-tech concept vehicle today, the Chrysler Portal, at the event previously known as the “Consumer Electronics Show,” now simply CES.

  • Internal Combustion Engines’ Continued Domination (?)

    According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.

Gardner Business Media - Strategic Business Solutions