Bayerische Motoren Werke AG, the world’s biggest maker of luxury vehicles, is considering a production increase for the i3 electric car after early demand for the model exceeded the automaker’s expectations.
Toyota Motor Corp. Chairman Takeshi Uchiyamada, who headed development of the Prius, said automakers should step up their efforts on hybrids so cumulative U.S. sales will reach 5 million in three years.
Volkswagen AG, Europe’s biggest carmaker, outlined ambitious plans to offer as many as 40 electric or hybrid vehicles, betting buyers will have enough confidence in performance to shift to low-emissions cars.
Toyota Motor Corp. will produce 740,000 hybrid vehicles worldwide in fiscal 2011, an increase of 7 percent from this fiscal year, the Nikkan Kogyo newspaper reported, without saying where it obtained the information.
Nissan Motor Co. plans to better utilize a Tennessee battery plant making components for the slow-selling Leaf electric car by having it also supply parts for the company’s hybrid vehicles, an executive said.