Toyota planning to sell more than 1 million electric cars by 2030

IRL/GB


Toyota planning to sell more than 1 million electric cars by 2030

Toyota planning to sell more than 1 million electric cars by 2030


Toyota is planning to release at least 10 new EVs (Electric Vehicle) and fuel cell vehicles and also plan to have all cars electrified by 2025.

The Japanese car manufacturer is the latest in a long line of car manufacturers announcing a significant push on electric vehicles in the next decade.

The global car market is embracing the inevitable rise of EV and autonomous technologies with more EV plug-ins and fuel cells to meet increasingly stringent emissions standards.

Toyota, who is the largest producer of automobiles announced it would introduce at least 10 new electric vehicles by the early 2020s,  first in China and then globally.

Toyota will sell 5.5 million electrified vehicles by 2030, including 1 million “zero-emissions” vehicles that include full battery electric vehicles and hydrogen fuel cell vehicles.

This is a huge move for Toyota as they have been lagging behind rivals such as their Japanese rival, Nissan, in the electric car game.

Toyota planning to sell more than 1 million electric cars by 2030

Toyota is a leader in the electric hybrid market, and currently produces the Mirai fuel cell vehicle and the Prius Prime plug-in hybrid but it is still behind other automotive giants like  General Motors and the Volkswagen Group in developing long-range plug-in vehicles.

Toyota will now move away from hybrids and are motoring towards electrifying its entire lineup by 2025 thanks to more investment in the hybrid system that debuted 20 years ago in the first Prius.

Many of Toyota models, as well as Lexus models, offer a hybrid equivalent, but all models eventually will have a corresponding gasoline-electric model.

Monday’s announcement follows a move in September with Toyota joining with Mazda and Denso Corporation to form a new company for battery technologies.

Toyota may have been slow to announce a complete “electrify everything” pledge but it certainly wants to make up for any delay by becoming a dominant EV automaker.









IRL/GB