1 Hybrid Leader Drops Plans for Electric Vehicles
Toyota (NYS: TM) is doubling down on hybrids, with 21 new or full-model changes to be rolled out by the end of 2015. However, the downside to hybrids is that margins are lower than for conventional vehicles, and now Toyota has announced that it has dropped plans for widespread sales of its hyped electric mini-car, citing a "misread market."
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The article 1 Hybrid Leader Drops Plans for Electric Vehicles originally appeared on Fool.com.
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