The hybrid Camry will use a combination if a 2.4l petrol engine and an electric drive, delivering together some 140 kW (188 hp), up from the 117 kW (157 hp) developed by the regular sedan.
Thanks to its electric drive, the Camry is expected to achieve a fuel consumption rating of under 6l/100 km, way down from the 8.8l achieved by the non-hybrid version.
Expected to be priced at least AU$3,500 over the regular Camry, the hybrid is being built with a goal of be sold in at least 10,000 units each year.
"Toyota Australia will be only the fifth country in the world that produces hybrid vehicles and that makes me proud of Australia. I expect that this car will bring a new set of business opportunities to the local community so that the Australian and Victorian auto industry will step to the next level both economically and environmentally", Yukitoshi Funo, TMC Executive Vice President said in a release.
The sketchy details presented so far are expected to be completed by full details in the weeks to follow.