Toyota has revamped its plug-in hybrid with a longer cruising range and quicker charging, including from a regular home plug, hoping it will sell better than the first model from five years ago that officials acknowledged had flopped.
Japanese automaker Toyota Motor Corp.'s Prius PHV plug-in went on sale in Japan on Wednesday. Sales in the U.S., where it's called Prius Prime, started late last year. It is set to launch in Europe and other countries in March.
Toyota hopes to sell 2,500 PHV cars in Japan a month. It gave no overseas targets. It sold only 22,000 of the earlier PHVs.
The lackluster sales contrast with Toyota's leadership in hybrid vehicles; it has sold 10...