Toyota Camry Hybrids In China
Tuesday, July 1st, 2008According to Toyota they will start manufacturing a Toyota Camry Hybrid in China by 2010. They are hopiong to ramp up production as they see a demand for hybrid vehicles increase, obviously in line with increasing fuel prices. Seems to be a smart move, especially considering the Chinese government recently increased gas prices, the potential for demand on an Electric-Gas Hybrid vehicle is good.
This isn't the first Hybrid car Toyota has manufactured in China, but the Toyota Prius was only made in very short supply. It's reported that there were over 430,000 Hybrid's made, less than 400 were built in the China manufacturing plant. However, keeping inventory close to home may be in the minds of Toyota higher ups.
Currently Toyota has plans to produce the Camry Hybrid in Thailand and Australia until 2010.
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