Toshiba plans to spend $100 million on hybrid car chips by 2006
If Toshiba finalizes a deal with Toyota to produce microchips for Toyota hybrid cars, the world's fifth largest chipmaker will spend just under $100,000,000 in the next two years to build a new production line for hybrid car semiconductors.
Production could begin as early as April 1.
Currently, Mitsubuishi Electric Corp., is the main supplier of hybrid chips, and the deal would create the first competition in this market. Hopefully, that will accomplish two things, more hybrids sooner and cheaper prices.
With interest in the Lexus RX400h hybrid and Toyota Highlander hybrid - at least initially - much greater than that of the 2004 Prius release, Toyota has to get more players involved in order to reasonably meet demand.
I'm sure; however, certain GM execs will call it just more hybrid hype.
Production could begin as early as April 1.
Currently, Mitsubuishi Electric Corp., is the main supplier of hybrid chips, and the deal would create the first competition in this market. Hopefully, that will accomplish two things, more hybrids sooner and cheaper prices.
With interest in the Lexus RX400h hybrid and Toyota Highlander hybrid - at least initially - much greater than that of the 2004 Prius release, Toyota has to get more players involved in order to reasonably meet demand.
I'm sure; however, certain GM execs will call it just more hybrid hype.
Labels: electric cars, GM, Highlander hybrid, Hybrid Vehicles, Lexus hybrid, prius, toyota
posted by Dahcredyns at
10:33 PM
1 Comments:
More people should learn about electric vehicles as a solution. "Zero emissions" is something that's going to be required by law one day (you know it will). Making the decision to go electric is far cheaper anyway, like 10 cents on the dollar vs. gas. (source: zapworld.com)
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