AUTOSHOW-Toyota to halve hybrid price, size for next Prius

Newswire

By Chang-Ran Kim, Asia auto correspondent TOKYO, Oct 25 (Reuters) - Toyota Motor Corp will slash the price and size of its hybrid system by around half for the next-generation Prius model, and use a nickel-metal hydride battery instead of lithium-ion, a top executive said. "When we went from the first-generation Prius to the second-generation, we did the same thing," Executive Vice President Kazuo Okamoto, in charge of Toyota's research and development, told reporters in Tokyo. Toyota, ...

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