Toyota kills electric car plans, says ‘capabilities of electric vehicles do not meet society’s needs’

Japanese automaker Toyota has killed plans for a widespread launch of its second all-electric car, the eQ, citing a drastic misreading of the market and capabilities of electric vehicles.

Ford’s new hybrid Fusion inches close to the Prius with 47MPG fuel rating

Today Ford revealed that its new Fusion hybrid has received a 47MPG rating from the EPA, putting it close to Prius territory.

Toyota expands hydrogen car program, aims to hit the road by 2013

Toyota plans to have more than 100 hydrogen fuel-cell cars on the road by 2013, the company has announced. While most of them will be given to government agencies and universities for testing in California and New York, expanding this pilot program is designed to attract consumers to the idea of hydrogen-powered cars before automakers introduce them to the market in 2015.