Toyota to Offer Home Electric Car Charging Stations in 2012

The company expects to sell 20,000 to 30,000 units in the first year, with each costing equivalent of $2,400.

Published: 21-Feb-2011

Toyota Motor Corp will launch home battery chargers for electric and plug-in hybrid cars next year as it starts selling new models of environmentally friendly cars, the Nikkei business daily reported on Sunday.

The chargers, which will be compatible with non-Toyota cars, will come in two types, the Nikkei reported, citing company sources. One would extend from the exterior wall of a home and the other would be for setting up in a garage.

The company expects to sell 20,000 to 30,000 units in the first year, with each costing about several tens of thousands of yen to 200,000 yen ($2,405) including installation costs, the Nikkei added.

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