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Toyota to enter global EV market in 2026

admin by admin
June 13, 2023
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Toyota Motor has announced its intention to start production of pure electric vehicles (EVs) in 2026 and enter the global market for such vehicles. The BEV Factory, a newly established arm of Toyota that specializes in electric cars, will build and develop these EVs. The high-performance lithium-ion battery used as the next-generation battery can provide a range of up to 1,000 kilometers after just 20 minutes of charging.

Toyota EVs

Toyota is aggressively developing all-solid-state batteries for its EVs, with a target of commercializing this technology by 2027-2028. The solid-state batteries are expected to have a range of over 1,200 kilometers and charging time of around 10 minutes.

In a demonstration video, Toyota Motor Division President Takero Kato said the company hopes to develop an electric car with a range of 1,000 km. By comparison, the long-range Tesla Model 3 now has a range of about 700 kilometers.

“What we want to achieve is to change the future with BEVs,” Takero Kato, president of the new Toyota EV unit BEV Factory, said in a video posted on the manufacturer’s YouTube channel today (Tuesday, June 13).

“We will launch the next generation of battery EVs globally and as a complete line-up in the market from 2026,” Kato said.

Toyota aims to sell 1.5 million electric vehicles a year by 2026 and 3.5 million by 2030, accounting for about a third of its global sales. By selling 8,584 electric vehicles (including Lexus) worldwide in April, Toyota crossed 1% of the global market in a single month for the first time, a significant milestone.

Toyota is making great strides in the electric vehicle industry and looks forward to playing a leading role in shaping the future of sustainable transportation with its high ambitions and focus on cutting-edge battery technology.

Source

[ad_1]

Toyota Motor has announced its intention to start production of pure electric vehicles (EVs) in 2026 and enter the global market for such vehicles. The BEV Factory, a newly established arm of Toyota that specializes in electric cars, will build and develop these EVs. The high-performance lithium-ion battery used as the next-generation battery can provide a range of up to 1,000 kilometers after just 20 minutes of charging.

Toyota EVs

Toyota is aggressively developing all-solid-state batteries for its EVs, with a target of commercializing this technology by 2027-2028. The solid-state batteries are expected to have a range of over 1,200 kilometers and charging time of around 10 minutes.

In a demonstration video, Toyota Motor Division President Takero Kato said the company hopes to develop an electric car with a range of 1,000 km. By comparison, the long-range Tesla Model 3 now has a range of about 700 kilometers.

“What we want to achieve is to change the future with BEVs,” Takero Kato, president of the new Toyota EV unit BEV Factory, said in a video posted on the manufacturer’s YouTube channel today (Tuesday, June 13).

“We will launch the next generation of battery EVs globally and as a complete line-up in the market from 2026,” Kato said.

Toyota aims to sell 1.5 million electric vehicles a year by 2026 and 3.5 million by 2030, accounting for about a third of its global sales. By selling 8,584 electric vehicles (including Lexus) worldwide in April, Toyota crossed 1% of the global market in a single month for the first time, a significant milestone.

Toyota is making great strides in the electric vehicle industry and looks forward to playing a leading role in shaping the future of sustainable transportation with its high ambitions and focus on cutting-edge battery technology.

Source

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