I did some research about the Prius inverter for my ECEN 370 class, and here's one of the best links about the inner workings:
Prius inverter
In summary, if it's possible to obtain one for cheap enough and figure out how to use it with your own controller, it's good for a homemade EV. In addition to the inverter itself, you also get a boost converter, accessory 12v PSU, and an accessory (A/C) inverter. It is especially good for the beginner EV builder since the details in the power electronics are already done. (But I, as an electrical engineer, would prefer to build from scratch unless it would be much cheaper to just use a Prius inverter.)
The nominal input voltage is around 200v, which is about 16 common 12v batteries. The Prius motors are 500v, which is close to the 480v of common industrial motors. The main problem is that it gives you two outputs when you really want one. It's not possible to parallel them as you cannot guarantee synchronization of the drive signals. Perhaps you can use two motors, one about twice as large as the other, couple the shafts together, and parallel the drive signals.