Toyota Motor corporation announced on Monday that by 2025 every model in their lineup will have an “electrified” option, meaning it will no longer develop vehicles that have solely engine-only powertrains.
The statement commits Toyota to a goal of selling more than 5.5 million electrified vehicles a year by 2030. It currently sells about 10 million vehicles a year worldwide.
Within those 5.5 million electrified vehicles a year by 2030, the company says there will be 1 million zero-emission vehicles.
Electrification across the Toyota and Lexus fleet
- By around 2030, Toyota aims to have sales of more than 5.5 million electrified vehicles, including more than 1 million zero-emission vehicles.
- Additionally, by around 2025, every model in the Toyota and Lexus line-up around the world will be available either as a dedicated electrified model or have an electrified option.
- Toyota will accelerate the popularisation of battery electric vehicles with more than ten of these models to be available worldwide by the early 2020s.
- A fuel-cell EV line-up will be expanded for both passenger and commercial vehicles in the 2020s.
- In October 2015, Toyota launched the Toyota Environmental Challenge 2050, which aims to reduce the negative impact of manufacturing and driving vehicles as much as possible and contribute to realising a sustainable society.
Hybrid Electric and Plug-in Hybrid Electric Vehicles
- The hybrid electric vehicle line-up will also grow, thanks to the further development of the Toyota Hybrid System II (featured in the current-generation Prius and other models); the introduction of a more powerful version in some models; and the development of simpler hybrid systems in select models, as appropriate, to meet various customer needs.
- Toyota also aims to expand its plug-in hybrig line-up in the 2020s.
Current limitations with battery technology are also being addressed, with Toyota now developing next-generation solid state batteries which it aims to commercialise by the early 2020s. Partnering with Panasonic, Toyota will also start a feasibility study into a creation of a joint automotive prismatic battery business.
“The auto industry faces many hurdles to developing next-generation batteries which are difficult for automakers or battery makers to tackle on their own,” Toyota President Akio Toyoda said at a joint news conference last week.
“It would be difficult for us to meet our 2030 goals given the current pace of battery development. That’s why we’re looking to Panasonic and other companies to help us develop ever-better cars and batteries.”