Toyota Motor will launch home battery chargers for electric and plug-in hybrid cars next year as it starts selling new models of environmentally friendly cars, the Nikkei business daily reported today.
The chargers, which will also be compatible with non-Toyota cars, will come in two types, the Nikkei reported, citing company sources. One would extend from the exterior wall of a home and the other would be for setting up in a garage.
2012 Toyota Prius PHEV (photos)View the full gallery
The company expects to sell 20,000 to 30,000 units in the first year, with each costing about several tens of thousands of yen to 200,000 yen ($2,405) including installation costs, the Nikkei added.
Toyota, the world's biggest automaker, has said it would begin selling a Prius-based plug-in hybrid by early 2012 mainly in Japan, the United States, and Europe, targeting sales of more than 50,000 units a year.
The car, which--unlike a conventional hybrid--can be plugged in to enable longer-distance driving using only electricity, is expected to cost as little as 3 million yen in Japan, the company has said.
In the field of battery electric vehicles, Toyota plans to begin selling in 2012 a model based on the tiny iQ in the United States, Japan, and Europe.
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