A bet: Toyota will beat GM to the plugin electric hybrid

The dissonance of GM's green messaging hit me again with Toyota's announcement that it is now formally testing PHEVs in the US, at UC Irvine and UC Berkeley. While Toyota has said it had been developing PHEVs for some while, the news moves its efforts into the daylight. Toyota's go-quietly strategy is consistent its recent habits. As the company gets closer to eclipsing GM as the world's No 1 vehicle maker, Toyota has become increasingly subdued in playing up its growth and technology plans.

Here’s my bet: Toyota, not GM, will commercialize the first plug-in hybrid. That may sound obvious to those watching hybrids. But there’s lately been reason to think GM might make a bold leap ahead in this space.

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