The story says Toyota had been hesitant to join GM, which plans to make 60,000 plug-in Volts available in 2010. Ford, Volksvagon and Nisson also have cars coming.
Toyota's hesitation has been the low number of miles on a charge, lack of charging stations, cost and the rotten economy. But, the car maker can't stand still, in case this is the Next Big Green Thing.
No idea what the car would cost, but the hybrid Prius starts at $22,400.
The Times reports that the new Prius would make it 14.5 miles on a charge before the gas-electric hybird systems kicks in. That would get the car 134 miles per gallon. It would charge in 100 minutes. The company also plans an all-electric version of the car for "urban commuters" in 2012 that would run on lithium-ion batteries.
So, would you buy one? I drive like 4 miles round trip for work, plus some driving for interviews, so it seems like I'd be a target audience. But I have no driveway and couldn't charge one. How about you?
Associated Press photo of the plug-in hybrid Prius