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Technology Stocks : Energy Conversion Devices

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To: charlief who wrote (6411)	8/22/2001 3:44:42 PM
From: Krowbar	Read Replies (1) of 8393

Toyota Adds Third HEV to Product Lineup Source: Jiji Press English News Service - Aug 22,2001 Tokyo, Aug. 20 (Jiji Press)--Toyota Motor Corp. on Monday released the Crown Royal Saloon powered by a combination of an electric motor and a gasoline engine, adding an eco-friendly hybrid version to its Crown luxury passenger car lineup.... ....The auto giant aims to expand annual production of hybrid vehicles to 300,000 units in 2005 from current 30,000 units, amid hopes for growing market demand against a backdrop of public concern over the environment, the officials said. evworld.com This is probably more significant for us as these hybrids will be using NiMH batteries. I expect our lawsuit against Matsushita to be in our favor, which would mean royalties on each hybrid sold. Del

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