Toyota now aims to introduce 30 electric vehicles by 2030, and expand on its plan to sell 15 all-electric models by 2025. It gave a glimpse into the future by previewing a wide range of electric car concepts during a presentation.
Among these are pickup trucks, which can rival the likes of Ford’s F-150 Lightning and Rivian’s R1T. as Auto record Note that the Toyota Pickup EV is very similar to the Toyota Tacoma. As such, there could be an electric option for the next version of that pickup.
Other models include the Sports Car EV and the FJ Cruiser-style Compact Cruiser EV. There are commercial models as well, such as Micro Box and Mid Box. Toyota once again demonstrated the self-driving electronic dashboard, which was used to transport athletes during this year’s Summer Olympics and Paralympics. The company pulled it from use at the Paralympics after the EV struck a visually impaired athlete.
At the higher end of the spectrum, Toyota has also revealed a range of Lexus electrified electric concepts. She said the electrified sport should be able to go from 0-60 mph in just over two seconds and have a range of about 435 miles. The brand also offered an electric sedan and electrified SUV.
Although Toyota has now committed to spending about $70 billion on electrifying its cars, its medium-term outlook for electric vehicles is relatively conservative. It expects to sell about 3.5 million electric vehicles annually by 2030, which is about a third of its current vehicle sales volume.
By contrast, Volkswagen estimates that by then half of its car sales will be electric models, and by 2040, the majority of its sales in key markets will be electric cars. Having become an early leader in hybrid car technology, Toyota is playing catch-up with other automakers in the electric vehicle market, so offering a relatively muted outlook shouldn’t come as much of a surprise.
Meanwhile, Toyota recently announced plans to build a $1.29 billion electric battery plant in North Carolina by 2025. The company last month refused to join other automakers, including General Motors and Ford, in pledging to phase out cars that Run on fossil fuels by 2040. However, Lexus plans to sell electric cars only by 2035.
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