Toyota Motors (NYSE: TM) is launching the first U.S. tests of its plug-in hybrid technology in two converted Prius hybrids. The test cars will run on nickel-metal hydride batteries for seven miles before a gas engine kicks in. Although seven miles is nothing to rejoice about, other automakers are also developing plug-in vehicles that are more technologically advanced:
General Motors (NYSE: GM) is developing the Volt plug-in, with hopes of reaching 40 miles of electric-powered travel with the new lithium-ion batteries.
- Ford Motor (NYSE: F) announced earlier this month it plans to give 20 Escape Hybrid SUVs modified as plug-ins to Southern California Edison for testing.
- Chrysler Group (NYSE: DCX) modified several Sprinter delivery vans as plug-ins, with one designated for newspaper delivery.
Five winners of a weak dollar: SBUX, PEP, AAPL
Twitter valuation off by half: NeXt Up Research
Comfort Zone Investing: The unmighty dollar
