Report: Toyota working on car powered solely by solar energy

According to the Nikkei Japanese newspaper, Toyota is working on a compact-car that will be solely powered by solar energy. The newspaper said that it will be years before the vehicle ever makes it to the markets but Toyota is quickly looking for ways to differentiate itself in the “green car” market.

Nikkei said that the Japanese automaker is currently working on an electric-car that gets some of its power from solar cells and will later develop a model that will be totally powered by solar cells mounted onto the roof of the vehicle.

While Toyota forecasted its first operating loss in 70 years last month, it is still the leader in green technology and Toyota executives have emphasized that they will not cut back on environmental research despite the company’s financial troubles.

Toyota is expected to gain knowledge of solar energy in vehicle use from its partner, Panasonic Corp., which currently produces batteries for its hybrid cars.

Source: Detroit Free Press