Tuesday, October 07, 2008

Will the Big 3 ever challenge the Toyota Prius?

The only Prius challenger for years?

Duh? The Chevy Volt, right?

Not any time soon. Maybe not ever.

A significant percent of Americans simply can't plug-in, won't want to plug-in, or won't want to front the extra money up front for the benefits of electric vehicles.

Ultimately, there will be plenty of consumers for both the Toyota Prius and the Chevy Volt, but they are two very different technologies for two different consumer segments.

Yet, Toyota is also developing plug-in hybrids to challenge the Volt. Are GM's lithium-powered BAS hybrids really a challenge to the Prius? Are 20,000 Ford Focus hybrids a challenge to the Prius? And what about Chrysler?

In recent months, both Hyundai and Honda have committed to selling 100,000's of thousands of hybrid cars each, per year, within the next several years. Shouldn't the Big 3 be doing the same?

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