Are Toyota hybrid truck plans an opportunity for GM hybrids?
Sure GM offers a mild hybrid, but the Silverado hybrid truck barely offers any gains in fuel economy. Really, the best thing about the Chevy hybrid is the ability to plug some tools into the standard electric outlets it offers.By 2007; however, GM should offer much better hybrid trucks - in terms of fuel efficiency. Of course, so to will the king of hybrid vehicles, Toyota.
Offering the best selling Prius, Toyota sells far more hybrids than any other automaker, but Toyota also sells two hybrid SUVs, the Highlander hybrid and the Lexus RX400h, but what about hybrid trucks?
Currently, Toyota is working on a feasibility study to determine if a Toyota Tundra hybrid can meet consumer demands. According to AutoWeek, because "many truck owners require their vehicles to tow or haul heavy loads over long distances. Hybrid battery power is nearly useless in that aspect. As a result, a pickup cannot scrimp on engine displacement without sacrificing towing performance. That hurts fuel economy, the main benefit of a hybrid."
Only time will tell if Toyota can overcome this issue. For many hybrid truck consumers, towing might be a non-issue, but this could be an area for GM to capitalize. GM's dual-mode hybrid will not rely as much on batteries as much as Toyota hybrids. Thus, GM trucks will not face these towing problems; however, GM trucks might not be as fuel efficient as Toyota trucks. Nonetheless, the hybrid truck segment could offer GM a real window of opportunity.
In addition to Toyota, Ford hybrids, such as the Escape hybrid, or the Mercury Mariner hybrid, also use a powertrain very similar to Toyota, which means that Ford will also face many of the same towing issues as Toyota with Ford hybrid trucks.
Trucks are a huge market in the U.S. and a top selling hybrid truck could be a real winner for GM. I expect the marketing hype to really begin to heat up around this market segment towards the end of 2006, early 2007.
Labels: chevy silverado hybrid, electric cars, Escape hybrid, Ford, Ford Escape hybrid, fuel efficiency, GM, Highlander hybrid, hybrid trucks, Hybrid Vehicles, Lexus hybrid, Mariner hybrid, plug-in hybrids, prius, toyota



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