The Prius v design resembles compact based minivans prevalent in Europe and has a drag coefficient of C d=0.29 with a shape that evolved from the Prius. As of April 2016, global sales totaled about 634,000 units, led by Japan with 428,400 units sold, representing 67.6% of global sales. started at US$26,400 and was offered only with a nickel–metal hydride battery. The Prius α was offered in the Japanese market with a nickel–metal hydride battery at a price of ¥2.35 million ( US$29,000), and the lithium-ion battery version was expected to sell for ¥3 million ( US$37,000).
According to Toyota the "v" stands for "versatility". The Prius v was unveiled at the January 2011 North American International Auto Show alongside the Prius c Concept, and it is the first Prius variant to be spun off from the Prius platform. in October 2011, and released in Europe in June 2012. The Toyota Prius v (for versatile ), also named Prius α (pronounced as Alpha) in Japan, and Prius+ in Europe and Singapore, is a full hybrid gasoline-electric compact MPV produced by Toyota Motor Corporation introduced in Japan in May 2011, in the U.S. 1.3 kWh Nickel–metal hydride (five seater).
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