Toyota and GM Fight for Plug-in Market
At the LA Auto Show, GM’s Bob Lutz highlighted big plans for the Chevy Volt. Toyota, owning 70 percent of the U.S. hybrid market, displayed the Prius Plug-in Hybrid Vehicle (PHV) along with a growing family of Toyota and Lexus hybrids. The Volt will have triple the electric range of the PHV. Toyota is the only car maker to have sold over one million hybrid cars in the United States. Health competition is a win for enthusiasts of plug-in vehicles.