Prius Hits the Big Time: #3 Top Selling Car WorldwideSustainableBusiness.com News 05/29/2012
The Prius is officially part of the big leagues. Rather than just
leading the hybrid niche, it is now the third top selling car in the
world. The small version of the Prius, called Prius c in the US and Aqua in Japan, is the top selling car in Japan right now. In Japan, Prius family sales tripled from 52,507 last year to 175,080 in the first quarter of 2012. Japan offers rebates and tax deductions for hybrids. All told, Toyota has sold 4 million hybrids worldwide, including 1.5 million in the U.S., which has been the top market for the Prius. Fuel economy tops the list for car buyers' criteria, followed by safety. Still, experts see hybrid sales going down again as gas prices drop. They don't see a steady market for hybrids until gas prices levelize at $5 a gallon. Along with the Honda Civic,
the Prius has the highest indoor air quality in the industry. Senate Passes "Something" Unanimously "S. 739 works on a simple premise: the more people who drive
electric cars on campus, the more plug-in stations the [Architect of
the Capitol] will install," says Sen. Charles Schumer (D-NY). "S.
739 ensures demand for plug-in stations will match the number of
dues-paying participants who fund the program." Starting this year, China plans to spend $315 million annually to cultivate a clean vehicle industry, including hybrid buses. The funds will support R&D and the industry supply chain,
accelerated installation of charging stations and promotion of
advanced vehicles to industries for their fleets. In April, China released a plan that makes EVs the the top priority for transportation to "promote the transformation and upgrading of the auto industry, speed up the cultivation and development of energy-saving and new energy automotive industry, and to ease pressure on energy and the environment." The 2012-2020 plan clarifies regulations and incentives for
automakers, state officials and car buyers, which currently get a
$9520 subsidy in pilot cities. © 2012 Sustainable Business.com. All Rights Reserved. http://www.sustainablebusiness.com |