This news would be more significant if gas prices were at $4 again. But it's still great for the environment.
Toyota plans global electric car launchDETROIT (Reuters) - Toyota Motor Corp is planning to roll out its pure electric car based on the FT-EV concept in Japan, Europe and the United States by 2012, a top executive said on Monday.
Toyota, the world's biggest automaker, had announced ahead of the concept's debut this week at the Detroit auto show that it would launch an all-electric car for city commuting in the United States but had not mentioned the other regions.
"We think it would be appropriate for congested, short-distance driving in urban areas," Masatami Takimoto, executive vice president of research and development, told a small group of reporters on the sidelines of the Detroit show.
Global automakers are accelerating plans to electrify their cars through gasoline-electric hybrids, plug-in hybrids and pure electric vehicles to stay competitive as governments around the world tighten emissions and fuel economy standards.
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