Toyota aims to improve fuel efficiency by 25%

Japan’s Toyota Motor Corp. said it plans to improve average fuel efficiency by 25% by 2015, compared with that of 2005, to meet stricter government regulations in major markets. To help meet that goal, Toyota aims to ensure wider market acceptance of electric cars and plug-in hybrid cars, which it plans to introduce in 2012. In addition to models developed internally, Toyota is developing a battery-powered version of the RAV4 sport-utility vehicle with California-based Tesla Motors Inc. (August 26, 2010)