Toyota Corolla Hybrid Made in Thailand
"It won't necessarily be the next-generation model... it could be the existing one," a source familiar with the matter told edmunds.com.
Toyota is also developing a Yaris-based hybrid that might be built in France and likely to be more affordable than the company's flagship hybrid product, the Prius. First reports indicate the Yaris hybrid might be offered with a price tag of ($15,760) in Japan.
Additionally, a hybrid drivetrain for the Auris is also on the table, with the United Kingdom likely to host production of such a model. The UK government might approve a funding package for the Japanese manufacturer to build the Auris hybrid at the Burnaston facility but nothing has been decided yet.
"We are developing a low-priced hybrid vehicle like Honda's Insight," Akihiko Otsuka, chief engineer of the redesigned, third-generation Toyota Prius, said. in April. "We are going to compete by expanding our hybrid-vehicle lineup to smaller hybrids, in the class of the Vitz and Yaris," he said without providing details on the official launch date.
"The Auris platform was designed so it could also carry a hybrid system," Otsuka said. "By making it flexible, it can accommodate future overseas production and reduce costs."