Toyota will allegedly launch a new compact hybrid in January that will deliver a record low gasoline consumption of 40 km per liter. On a straight (non EPA) conversion, that would be a jaw-dropping 94 miles per gallon.
What’s less, the car “will not only beat the Prius’ 32km fuel economy, but also likely sell for around 1.7 million yen, around 300,000 yen cheaper than the Prius,” says The Nikkei [sub].
Converted to dollars, that would be around $4,000 less. The Nikkei says the car will be called “Aqua.” Toyota’s official lips are zipped.
Again, according to the Nikkei, the alleged Aqua “will use the same powertrain as the highly popular Prius, helping to hold down development costs.”