Cars Businessweek

, which makes the i-miev electric car, has said it will introduce a plug-in in the second half of next year. Audi AG expects to introduce such vehicles in 2014 and South Korea’s Hyundai Motor Co. has said it also plans to roll out its own plug-in hybrid. Toyota, however, may have the edge. “No other carmakers have a car like” the PHV, said Chris Richter, a Tokyo-based analyst at CLSA Asia-Pacific Markets. “Toyota’s plug-in has a much better efficiency and range than the Volt, which is much more expensive.” ‘Ample Demand’ Toyota has targeted global sales of 60,000 units of the PHV in its first year, and may consider adding production if there’s “ample demand,” said Shiori Hashimoto, a spokeswoman for the company.