Toyota hybrid technology 50% cheaper in 3 years

Toyota and Honda are in a fight not just to make their hybrid technology cheaper, but lighter. Toyota, for example, plans to reduce the weight of its hybrid powertrain by 50% in the next 3 years. Additionally, Toyota hybrid technology adds on average $4000.00 to the cost of a vehicle, within 3 years Toyota plans to reduce this price to $1900.00 according to AutoBlog.

One would assume that 50% lighter hybrid vehicles would also result in more fuel efficient vehicles, just in weight reduction alone. When better batteries and software are added to this equation, the outcome is fantastic. In 3 years Toyota and Honda hybrids will be more fuel efficient and significantly cheaper. Now that's the kind of math I like.