Toyota Says Rechargeable Prius Is Lowest-Cost U.S. Plug-in

Lock
This article is for subscribers only.

Toyota Motor Corp., the world’s biggest seller of gasoline-electric cars, said the rechargeable version of its Prius hybrid will cost $32,000 when it goes on sale early next year, less than General Motors Co.’s Volt.

The car goes as far as 15 miles solely on electricity, after which it runs as a standard 49 mpg Prius, Bob Carter, Toyota’s group vice president for U.S. sales, told reporters today in Richmond, California, near Oakland. The Toyota City, Japan-based company’s dealers start selling the car in 14 states on the West and East Coasts in March, he said.