the next Prius is set to be an evolution, company sources say. The hybrid will retain the same basic 1.5-liter hybrid drivetrain. But Toyota is now on a mission to do two things: drive the economy ratings skyward, and cut the associated costs by 20-30 percent. Toyota was rocked when news seeped out that Honda was planning a low price Fit hybrid for 2008, with the price differential just 200,000 yen (some $1,700) more than the regular gasoline version. So work on the next Prius has redoubled to slash R&D costs and halve Toyota’s current hybrid differential of 500,000 yen (some $4,240) to compete.
Sources say the next Prius will also be able to run longer and faster in pure electric mode, up to a sustained 30 mph, which will significantly extend its zero-emissions range. The gains will largely come from replacing the current Prius’ nickel-hydride batteries with lithium ion cells.
Lower costs for adding hybriding to cars means faster return on investment from fuel efficiency and the ability to mix several improvements at an affordable cost. $1700 for hybrid to get to 100mpg and then $100 for diesel to get to perhaps 150mpg or adding plug in options.
The hybrid center has a past and future timeline of delivered and planned hybrids
Prior plans from Honda for 65mpg+ hybrids
69 mpg diesel hybrid from Peugeot
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.