Scion iQ EV
Scion iQ EV

Toyota took a simpler approach to the car sharing philosophy and should have programs in a couple of west coast cities operating late this year.

Instead of creating a teeny electric car from scratch, Toyota will introduce a short-range plug-in version of the gasoline powered Scion iQ that's already going on sale across the U.S. this year.

The battery-powered iQ EV will have a range of less than 50 miles. That's still far more than most people drive in a typical day.

But it's short enough that the iQ EV probably wouldn't sell well to ordinary consumers. Instead, Toyota will put this car into car-sharing programs in big cities where it will offer an environmentally-friendly alternative to car ownership for people with just occasional errands to run.


By Peter Valdes-Dapena @PeterDrives - Last updated April 21 2012: 11:12 AM ET
Join the Conversation
Find Your Next Car

Get the latest car news:

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.