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Posted on December 15, 2021 by  & 

Toyota Outlines New Electric Vehicle Strategy

Toyota Outlines Electric Vehicle Strategy
Toyota Motor Corporation's president, Akio Toyoda, has held a media briefing on the group's battery electric vehicle and carbon neutrality strategies. He said that Toyota wants to prepare as many options as possible for their customers around the world, believing that all electrified vehicles (EVs) can be divided into two categories, depending on the energy that they use.
One category is that of "carbon-reducing vehicles". If the energy that powers vehicles is not clean, the use of an electrified vehicle, no matter what type it might be, would not result in zero CO2 emissions. The other category is that of "carbon-neutral vehicles." Vehicles in this category run on clean energy and achieve zero CO2 emissions in the whole process of their use. For further information see the IDTechEx report on Electric Vehicles: Land, Sea and Air 2021-2041.
Toyota plans to roll out 30 battery EV models by 2030, globally offering a full line-up of battery EVs in the passenger and commercial segments.
Toyota aims to achieve global sales of 3.5 million battery EVs per year by 2030. Lexus aims to realize a full line-up of battery EVs in all vehicle segments by 2030 and to have battery EVs account for 100 percent of its vehicle sales in Europe, North America, and China, totalling 1 million units globally. And it aims for battery EVs to make up 100 per cent of its global vehicles sales in 2035.
The company recently announced a $1.29 billion battery factory in North Carolina as part of its plan to invest in battery tech over the next decade.
Source and top image: Toyota
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