Toshiba to make EV motors

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One of the companies that brought home video to your living room is hoping to make its way into some garages as well.

Toshiba Corp. says it will start building motors for electric and hybrid vehicles at its plants in Texas.

The Japanese conglomerate made the announcement after Ford Motor Co. awarded it a contract to make drive motors for Ford hybrid and plug-in hybrid vehicles, according to .

Toshiba will expand its Houston plant next January to handle the new manufacturing, with the first production of motors expected in 2012.

The company is looking to capitalize on anticipated demand in the global market for electric vehicles over the next decade.

Posted by Holly Wagner