Prius Plugin Model Event

Toyota Unveils Prius Plug-in Model, Gives March 2012 Release Date, $32,000 Price Tag

Toyota on Friday finally unveiled their long awaited Prius plug-in hybrid. Production model PHV was rolled out at the Green Drive Expo and the company announced that the vehicle will be ready for sale in March 2012.

The plug-in vehicle comes with a price tag of $32,000 for the base model and will offer two different trim versions with touchscreen audio / navigation display and the company’s Entune in-car entertainment system which comes standard, although the heads up display will be reserved only for higher end versions of the vehicle.

The car delivers up to 87 MPGe when placed in combined drive mode and 49MPG when switched to hybrid mode.

According to Toyota the vehicle is powered by new 4.4kWh Li-ion batteries which can pull a full charge in three hours when plugged into a 120v source or charge in just 2 hours when a 240v connection is made available.

Speaking about the specifics of the launch Toyota officials revealed:

“The Prius Plug-in Hybrid will be on sale in 14 launch states beginning this October through Toyota’s Online Order System at Vehicle deliveries begin in Spring 2012. The launch states include California, Oregon, Washington, Arizona, Maine, Massachusetts, Vermont, New Hampshire, Rhode Island, Connecticut, New York, New Jersey, Maryland, and Virginia. A national rollout is planned for 2013.”

Buyers will also be eligible for the full federal tax credit of $2,500 when they pick up the plug-in vehicle, slightly lowering their overall out of pocket expenses.

Do you plan to run out and pick up the plug-in hybrid when it’s made available?