Toyota takes another step towards plug-in hybrids?

A lithium-powered hybrid?

The Toyota and Matsushita hybrid vehicle battery partnership, formally called Panasonic EV Energy Co, have begun studying the process of mass producing lithium-ion batteries for hybrid vehicles.

Additionally, Toyota President Katsuaki Watanabe, again reiterated the company's focus on hybrids as a key to a sustainable future, as well as the goal of offering a hybrid option for every Toyota vehicle.