Financial Times FT.com

Patience is a virtue when Prius battery supply chains go flat

By Jonathan Soble in Tokyo and Bernard Simon in Toronto

Published: July 7 2008 03:00 | Last updated: July 7 2008 03:00

The list of virtues possessed by Toyota Prius drivers just keeps growing. There is environmentalism, of course, and - as oil prices skip toward $150 a barrel - economic savvy. Increasingly, there is also patience.

Waiting lists for Priuses have expanded sharply as demand outstrips the Japanese carmaker's capacity to build the petrol-electric hybrid vehicles. Toyota - normally a paragon of supply-chain management - admits to "bottlenecks", particularly in batteries, which have slowed turnover even as drivers clamour for more fuel-efficient cars.

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