Mexican Media Brands
Toyota Targets Mass-Produced EVs by 2020
Toyota Motor Corp. plans by the end of the decade to introduce mass-market electric vehicles, perhaps including an SUV/crossover, that can cover at least 300 km (185 miles) per charge, according to The Nikkei, which cites no sources.
#hybrid
Share
Toyota Motor Corp. plans by the end of the decade to introduce mass-market electric vehicles, perhaps including an SUV/crossover, that can cover at least 300 km (185 miles) per charge, according to The Nikkei, which cites no sources.
The company has been cool to EVs until now, believing that high battery costs and relatively low driving range would restrict demand. The Nikkei says Toyota has altered its view because of advances in battery performance, a growing charging infrastructure and the spread of government programs that promote EV sales.
Toyota could set up a team by early next year to develop the EVs, the newspaper says. It adds that Toyota will mobilize its group affiliates to enable a production launch by 2020. Such a timetable would coincide with the Tokyo Olympics, where the company already plans to showcase its fuel cell technology.
The Nikkei says Toyota aims to market the EVs in major markets, including China, where government programs are helping to drive demand.
RELATED CONTENT
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
Pump It Up
The number of electric bicycles continues to proliferate, and one, for which a Kickstarter campaign is running until November 7, has a distinct difference from many others.
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.