$20,000 electric car: Toyota FT-EV
Just don’t drive further than that otherwise you’ll need a long extension cord.
The car could be sold in Australia from as little as $20,000 within three years, although this is not yet confirmed.
The Japanese maker fired the first shot on the eve of the 2009 Detroit motor show, revealing its surprise future model in the hometown of North America’s three biggest car makers.
Toyota’s announcement came as General Motors, Ford and Chrysler continue their fight for survival and calls for assistance from the US Government, and as the global economic crisis tightens its grip on the car industry.
The concept car is called the FT-EV and is based on a model called the iQ, which recently went on sale in Japan.
The tiny Toyota is bigger than a Smart city car but smaller than most other hatchbacks and can be fully recharged in a little more than seven hours.
It is due to go into production in Japan in 2012 and it could be on sale in Australia soon after.
“We are certainly looking at,” said Toyota Australia’s product planning manager Peter Evans. “It’s a fascinating vehicle. It is definitely one of our priorities for the Australian market. I think you will start to see a major shift towards these sorts of vehicles from 2012 and beyond.”
Toyota would not speculate on the retail price of its new electric car so far out from launch, but a similarly-sized petrol-powered hatchback costs about $15,000, and an electric motor and battery pack would likely add about $5000 to the cost of the car, say industry analysts, bringing the total close to $20,000.
Significantly, on battery power alone the tiny Toyota will travel almost 20km further than the Chevrolet Volt electric car to be made by General Motors.
However, the Toyota must be recharged after 80km, whereas the Volt has a petrol generator which extends total driving range up to 1000km.
The Toyota electric car is a tiny four-seater