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The major U.S. automakers are all jumping in the game
developing their own hybrid car models.
The Wall Street Journal recently reported that Honda may
offer a hybrid CR-V SUV. Honda's Koichi Amemiya said, "We'd
like to see how the new 2005 Civic hybrid will be received
in the marketplace first, before deciding on the CR-V."
Toyota is set to release a hybrid version of their Highlander
SUV sometime in 2005.
In early 2005, Ford released a hybrid version of its Escape
SUV, which averages around 36 mpg. The Lexus 400h, a 270 hp
luxury hybrid, is expected to average 27.6 mpg and be released
in mid-2005. GM is planning to release its full size Sierra
pickup with 'mild' hybrid technology, which boasts a 15% increase
in fuel economy and a hybrid Chevy Suburban. GM is also testing
a hybrid series called ParidiGM, which may feature an SUV,
minivan and large sedan sometime in 2005.
Daimler Chrysler is ready to release a hybrid Dodge Durango
with a 20% increase in gas mileage (22.3 mpg combined city/highway
compared with 17.1 mpg for a comparable non-hybrid). Ford
Motor Company and the U.S. Environmental Protection Agency
(EPA) have joined forces to develop a unique hybrid, high-efficiency
vehicle that uses hydraulic fluid to store and provide energy
to power the car. The technology could significantly improve
fuel economy in SUVs and light trucks. The hybrid system uses
hydraulic pumps and hydraulic storage tanks to store energy
instead of electric motors and batteries, which are used in
hybrid electric vehicles. As with other hybrid systems, energy
saved when applying the brakes is used to assist in powering
the car. This hydraulic power system may have cost and power
advantages over hybrid electric systems, according to Ford
and the EPA.
Nissan
Chief: Hybrid Cars Make No Sense
NEW ORLEANS
The head of Nissan Motor Co. stated that building hybrid vehicles
makes little sense in today's world because of their high
costs. "They make a nice story, but they're not a good
business story yet because the value is lower than their costs,"
said Nissan Chief Executive Carlos Ghosn. Yet, Nissan will
begin manufacturing a gas-electric hybrid version of its Altima
sedan for the U.S. market in 2006. However, Ghosn said it
was only for the purpose of helping Japan's second-largest
automaker comply with strict fuel economy and emissions standards
in states like California, and not because he expects it to
be a money-maker.
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General
Motors turns focus to hybrid vehicles despite higher cost
TAIWAN
General Motors is expanding their line of vehicles to include
half electric, half gasoline cars as well as hydrogen based
fuel cell cars. These newer models would be cleaner for the
environment but will be higher priced, costing consumers over
$37,000. GM will continue to develop the new models despite
the cost, but it remains to be seen whether hydrogen and hybrid
cars be made in existing assembly plants.
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NUMMI
bids to add Toyota's hybrid line
EAST BAY, CALIFORNIA
Hybrid cars have proven most popular with environmentally
minded consumers in California. Now state and local officials
in Northern California are working with executives at New
United Motor Manufacturing Inc. (NUMMI) to encourage Japanese
automaker Toyota to situate its first North American hybrid
car factory at the Fremont plant. Bringing hybrid car production
to NUMMI would be a major coup and a joint venture between
General Motors Corp. and Toyota Motor Corp.
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Hyundai
Motor Delivers Hybrid Cars To Government
KOREA
Hyundai Motor Co., Korea's largest carmaker, recently delivered
newly developed hybrid cars to the government for testing.
"We have strived to develop eco-friendly cars since the
early 1990s. Responding to the government's initiative to
promote such alternative cars, we will make further efforts
to achieve the best quality in this field," Hyundai Chairman
Chung Mong-koo said. Data collected from the tests will be
used to further improve the car for Hyundai's plans to introduce
hybrid cars to the domestic market in 2007. Officials in Seoul
say they plan to offer tax breaks on hybrid cars beginning
in 2008.
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