Toyota is in spite of a Global Recession and maybe soon to be Depression, as well as its first annual loss in 70 year still investing into environmental friendly technologies and plans to be the first to manufacture a Solar powered car.
Through out its history Toyota has been a leader in Fuel-efficient cars and environment friendly solutions for the Auto industry. However, a High Yen and a drop in sales in the US have caused Toyota’s first loss in the past 70 years. Nevertheless, the Automaker still believes that the only future for the Auto industry is an environment friendly one.
Now, Toyota is not the only one that has been preaching Environment friendly cars for some time now, BMW and Volkswagen as well as Honda and Daimler-Benz are into it and BMW is even ahead of the competition. This has started some time ago already, since the 1970th to be exact, that was the first Oil crisis and the first International studies on the environment and the Human factor causing great stress on our eco system.
BMW is already selling Hydrogen Powered Cars since 2007 and VW has been selling Bio Diesel powered cars as well as Hydrogen fuel cell since 2008, Mercedes is planning to stop all Gasoline powered cars production by 2015 and focus only on Hydrogen fuel cells, Honda has launched its first Hydrogen Powered car for sale in 2008.
Toyota will be selling Hydrogen fuelled Cars as well by 2009 and yet it is still investing in solar powered car even though the Hydrogen fuelled cars seem to have taken over.
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