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August 15, 2008
TRAVERSE CITY, Mich. — As Toyota, General Motors and other automakers race to bring rechargeable electric vehicles to showrooms, the man running much of Toyota's research says its approach is the least costly way to get great mileage and performance in the near term.
Toyota Motor Corp. plans to bring a plug-in hybrid vehicle to market sometime in 2010, and Justin Ward, manager of the automaker's advanced powertrain program in the U.S., said the design will be similar to that of the current Prius, the most popular gas-electric hybrid in the nation.
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