Toyota Cancels Productions Plans for the Electric iQ Minicar
Posted By Marc Carter On September 24, 2012 @ 3:20 pm In automotive,Electric Cars,Green Transportation,Innovation,News | 1 Comment
Toyota  just unveiled its brand new 2013 iQ EV minicar  while simultaneously announcing that it will drop its initial production plans for the tiny electric vehicle. Toyota decided to nix its widespread sales plan for the iQ EV based upon fears that it “misread the market” and that the current battery technology electric vehicles  rely on is insufficient.
“The current capabilities of electric vehicles do not meet society’s needs, whether it may be the distance the cars can run, or the costs, or how it takes a long time to charge,” said, Takeshi Uchiyamada, Toyota’s vice chairman and the engineer who oversees vehicle development. Uchiyamada also led Toyota’s development of the first Prius  hybrid.
The 2013 Toyota iQ EV is a few inches longer than the standard iQ and is powered by a 47kW electric motor with a driving range of 53 miles. In 2010 Toyota announced plans to sell several thousand units per year of the iQ EV, but now it’s being reported that only 100 units will be sold in Japan and the U.S. Now that Toyota  has essentially dropped its plans for the iQ EV, that only leaves one other full electric model in the Toyota lineup, the Toyota RAV4 EV . The RAV4 EV borrows its electric powertrain from Tesla  and has a longer driving range than the iQ EV. Toyota only expects to sell 2,600 units over the next three years, which is a small number compared to the 38,000 Nissan LEAF s that Nissan has sold in the last two years.
On a more positive note Toyota  announced today that it expects have 21 hybrid gas-electric models in its line-up by 2015, with 14 of them being all-new.
+ Toyota 
Via Automotive News 
URL to article: http://inhabitat.com/toyota-cancels-productions-plans-for-the-electric-iq-minicar/
URLs in this post:
 Toyota: http://www.toyota.com
 iQ EV minicar: http://inhabitat.com/toyota-plans-to-re-enter-the-electric-vehicle-fray-with-the-tiny-scion-iq-ev/
 electric vehicles: http://inhabitat.com/index.php?s=electric+vehicles
 Prius: http://inhabitat.com/index.php?s=toyota+prius
 Toyota RAV4 EV: http://inhabitat.com/toyota-unveils-new-rav4-ev-featuring-tesla-batteries-and-motor/
 Tesla: http://www.teslamotors.com
 Nissan LEAF: http://inhabitat.com/tag/nissan-leaf/
 Automotive News: http://www.autonews.com/apps/pbcs.dll/article?AID=/20120924/OEM05/120929949/toyota-drops-plans-for-widespread-sales-of-ev-minicar
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