Tuesday, September 25, 2012

Toyota kills plans for widespread iQ EV sales after misreading demand and battery tech

Toyota kills plans for widespread iQ EV sales after misreading demand and battery tech

2012 was supposed to be the year the all-electric version of the Toyota/Scion iQ made a splash. Instead, it appears that while it remains technically true that the iQ EV will launch this year, it will be a much, much smaller splash than previously anticipated. According to Reuters, the iQ will have an "extremely limited release.". That's a kind way to say that the 100 iQ EVs that Reuters says Toyota will now sell in the U.S. and Japan is a much smaller figure than was anticipated. The writing has been on the wall for a while.

Autoblog , Toyota kills plans for widespread iQ EV sales after misreading demand and battery tech, Toyota kills plans for widespread iQ EV sales after misreading demand and battery tech

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