When Toyota Motor Corporation introduced the world’s first hybrid gasoline-electric vehicle, the Prius, in 1997, it initially incurred a loss on every unit sold. Fast forward to today, and booming sales in the hybrid category are delivering a much-needed financial boost. The world’s largest automaker recently reported an annual operating profit of ¥5 trillion (RM152.01 … Continue reading Hybrids Boost Profits for Toyota, Support Honda’s EV Goals