Toyota recently divulged its upcoming plans, with the aim to roll out 10 electric cars by 2026.
At a press conference in Tokyo, Japan’s Toyota Motor Corporation revealed that, under their new CEO Koji Sato and Chief Technology Officer Hiroki Nakajima, they are pushing forward with their electric vehicle development as of April 1.
10 new electric cars from Toyota by 2026:
Nakajima stated that Toyota is aiming to have 10 new electric cars launched by 2026, with a predicted output of 1.5 million battery electric cars in the same year. A new specialized unit will be set up to focus on battery electric cars as well.
According to Nakajima, the new unit would be led by a person with complete authority, and the team will take on responsibilities for development, production, and commercial operations. It is clear from this that Toyota is developing a platform specifically for battery electric vehicles.
He underlined that the next generation of battery electric cars would be “completely different” from those that had previously been introduced since they would have better consumer-friendly battery technology, aesthetics, and performance.
Toyota’s new plan for electric cars:
The three-row SUV and the new Lexus model will both arrive in the United States in 2025, and the battery-electric car will be built here.
In addition to the Toyota bZ line of electric vehicles that will be sold in a few countries, Toyota also has plans to introduce two electric vehicles in China in 2024.
Toyota also plans to restructure its manufacturing facilities, aiming to cut processes by 50%, resulting in more productive production lines that use connected technologies for self-inspection and self-transportation.
The business also intends to update current supply chains by collaborating with vendors to find high-quality parts at cheaper costs.
In comparison to the e-TNGA platform, on which the existing models are based, Toyota claims the new electric car platform will enable it to slash development costs and internal expenditures in half.
Toyota expects that its the manufacturing of electric vehicles will grow compared to its present output by 2026 if this objective is met.
Toyota sold 2.7 million electric vehicles last year, but 2.6 million of those were hybrid vehicles, with the remaining 100,000 being a mix of plug-in hybrids (HEV), plug-in hybrids, battery electric vehicles, and hydrogen vehicles.
