Toyota Motor Corp. may offer hybrid-electric vehicles able to run on fuel that's mostly ethanol, Bloomberg News reported.
Toyota is studying a so-called flex-fuel hybrid, Jim Press, the automaker's North American president, said last Wednesday. He didn't specify a model or when such a vehicle would go on sale.
"A hybrid that uses ethanol is a pretty good solution," Press said in an interview after testifying before Congress on fuel-economy standards.
Toyota said in January it would sell a flex-fuel version of its Tundra pickup truck able to run on E85, a fuel that's 85% ethanol and 15% gasoline, by 2009, according to Bloomberg.
General Motors Corp. and other U.S.-based carmakers told Congress Wednesday that they favor more federal support for ethanol and biofuels as a way to cut reliance on imported oil, rather than boost U.S. fuel-economy standards, Bloomberg said. L&MT