Tag Archives: Honda hybrids

Honda Hybrid Sales Top 1 Million. 3M More to Catch Toyota

Honda Motor Company said today that worldwide sales of hybrid vehicles have now surpassed 1 million units. This milestone was reached at the end of September after the start of sales of the first generation Insight in Japan during November 1999. At the time, Insight fuel economy was rated at 35km/liter, then the world’s highest fuel efficiency among all mass-production gasoline-powered vehicles. Continue reading

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Honda at 800,000 Hybrids as Toyota Reaches 400,000 in Europe

In the U.S. alone Toyota has 1,000,000 Prius owners. Moreover Toyota has built a substantial environmental reputation as the global leader in hybrid vehicles with sales of Toyota and Lexus hybrids now well over 3,000,000 vehicles.

In spite of clear fuel economy benefits and high U.S. fuel prices, hybrids remain a tiny portion of the U.S. auto market – a little over 2% of sales because mainstream buyers refuse to pay a premium amounting to several thousand dollars over a comparable gasoline-fueled car. Plug in hybrids with expensive lithium ion battery packs will compound the problem. The Prius plug-in coming this year adds another $4,000 to the cost of the standard Prius hybrid. Continue reading

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