For a reasonable number of years now, Toyotas Prius has been the chief hybrid vehicle in the auto industry and continues to stay unconquered in popularity and revenues in spite of the various competitive brands quite easily attainable. The trend in Europe, the US and a number of Asian countries like Japan and China has been increasingly shifting to absolutely electric brands and this industry has observed a colossal flood of financing from both the private sector and governments. But Toyota appears to be taking its own time while other car companies are plunging ahead with the inauguration of cars like the Chevrolets Volt and Nissans Leaf.