Automakers Ponder New Alternative Fuel Technologies While Toyota's Hybrid Waiting List Expands
Tokyo October 21, 2005; The AIADA newsletter reported that auto executives at the Tokyo Motor Show this week discussed at length new ways of developing more fuel efficient and environmentally friendly vehicles.
Most agreed that cars powered by hydrogen fuel cells, produced with renewable energy sources, would be the best alternative to gas-powered models since they would release only pure water without relying on fossil fuels. However, the technology for such a vehicle is at least a decade away, reported The Detroit News.
In the meantime, Toyota is trying to keep up with high demand for its hybrid Prius model, reports The Associated Press.
The Prius, which averages 60 mpg, has become so popular there is a four-month waiting list to buy one. "Everyone is concerned about the oil supply running out," said Rempei Matsumoto, author of a book on ecological auto technology. "The hybrid has been great for Toyota’s image." Toyota has already planned to increase annual production of hybrids by 100,000.