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Cumulative worldwide sales of Toyota hybrids surpass 10 million units; Europe outpaces N America in 2016

Green Car Congress

Cumulative worldwide sales of Toyota Motor Corporation hybrids reached 10.05 Toyota said that this milestone demonstrates the staying power of a technology that is now emerging as a mainstream solution to reduce greenhouse gas emissions and other pollutants. Toyota Motor hybrid vehicle sales. million gallons) of gasoline.

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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M

Green Car Congress

Toyota Financial Services (TFS) issued its first euro-denominated unsecured Green Bond today, expanding its commitment to the sale of environmentally friendly vehicles. There are currently nine vehicles in the Toyota and Lexus lineup that qualify. Green Bonds are an important component of TFS’ diversified funding program.

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Study of 5-year TCO suggests ongoing challenge to unsubsidized BEV cost-competitiveness

Green Car Congress

A team at Arizona State University has analyzed the five-year Total Cost of Ownership (TCO) for representative electric, hybrid, and conventional vehicles—the Nissan Leaf (BEV), Toyota Prius (HEV), and Toyota Corolla (ICEV)—in 14 US cities from 2011 to 2015. —Breetz and Salon. Breetz and Salon.

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Study of 5-year TCO suggests ongoing challenge to unsubsidized BEV cost-competitiveness

Green Car Congress

A team at Arizona State University has analyzed the five-year Total Cost of Ownership (TCO) for representative electric, hybrid, and conventional vehicles—the Nissan Leaf (BEV), Toyota Prius (HEV), and Toyota Corolla (ICEV)—in 14 US cities from 2011 to 2015. —Breetz and Salon. Breetz and Salon.

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

The Electrification Coalition released two case studies outlining how two cities— Houston, Texas and Loveland, Colorado —are saving money by using electric vehicles (EVs) in their vehicle fleets. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles. Earlier post.).

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Software Upgrade to Prius PHEV NiMH Conversion Kit Enables All-Electric Driving At Up to 70mph

Green Car Congress

kWh NiMH plug-in hybrid (PHEV) conversion kit that enables all-electric mode driving at speeds of up to 70 miles per hour (until the battery pack is depleted) in a converted Prius. What we’re essentially offering is all-electric performance for about 25 miles at highway speeds. (PICC) has completed a software upgrade to its 6.1

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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

They found that hybrid and alternative fuel vehicles (especially electric cars) easily saved their owners money when looking at the purchase price, fuel costs and regular maintenance. The motors that electric vehicles use have fewer moving parts than their gasoline-powered counterparts and don’t require oil changes.