Toyota has announced plans to accelerate its electrification efforts, with a focus on electric vehicles (EVs). The company plans to launch at least 10 models without a combustion engine by 2026, including a three-row SUV for the US market set to debut in 2025. Toyota will also introduce an electric pickup truck and a compact model in Asia and emerging markets before the end of 2023.
Additionally, Toyota is developing the next generation of plug-in hybrid electric vehicles (PHEVs) with a purely electric range of over 124 miles (200 kilometers). Although the test cycle was not mentioned, the new PHEVs are expected to have a significant increase in their electric range, compared to current models.
While Toyota’s current PHEV, the Prius Prime, has a manufacturer-estimated electric range of 44 miles (nearly 71 kilometers), the next-gen PHEVs are expected to provide a significant boost in purely electric range. The company intends to reposition these new PHEVs as “practical BEVs” while improving the regular hybrids with a focus on high quality and affordable prices.
Toyota also plans to introduce next-gen battery-powered EVs starting from 2026, with twice the driving range of current models. Moreover, Toyota aims to begin mass-producing commercial fuel cell electric vehicles (FCEVs) and reduce global average CO2 emissions by 33% by the end of the decade and over 50% by 2035, compared to 2019 levels. Ultimately, Toyota aims to achieve carbon neutrality by 2050.
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Juan Vasquez, or “juantio,” is an Automotive Engineer from Brooklyn with over seven years at Standard Motor Products. He’s also the Chief Editor at SUV Bazar. An active member of the SMP Softball team, Juan is affiliated with giants like Siemens and Google. He’s currently seeking new opportunities in automation engineering.