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Toyota Motor Corporation Pushing Electrics In Spain


Toyota Motor Corporation (NYSE:TM) has partnered with Gamesa to promote the use of electric cars in Spain.

Toyota Motor Corporation Pushing Electrics In Spain

Under this new deal, the Japanese auto maker giant Toyota Motor Corporation (NYSE:TM) and Gamesa will jointly test a plug-in Prius hybrid to analyze the cars performance and study the charging infrastructure that it will require.

Jacques Pieraerts, President of Toyota Motor Corporation (NYSE:TM) Spain said, “The technology of plug-in electric hybrid vehicle improves consumption efficiency and reduces harmful emissions, both CO2, such as those affecting air quality in our cities. The new Prius Plug-in Hybrid Electric offers the advantages of an electric vehicle for short trips with zero emissions and zero fuel consumption and extensive autonomy without limits of a hybrid vehicle with gasoline engine.”

Toyota Motor Company (NYSE:TM) shares were at 80.73 at the end of the last day’s trading. There’s been a 11.6% movement in the stock price over the past 3 months.

Toyota Motor Corporation Pushing Electrics In Spain
Toyota Motor Company (NYSE:TM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 3
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 3
Zack’s Rank: 1 out of 12 in the industry


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