Toyota, the world’s largest automobile manufacturer is planning to sell more than 5.5 million electric cars by 2030 as the automotive industry pushes full steam ahead for a greener society.
Included in this plan, is the target goal to sell 1 million zero-emission vehicles yearly by 2030.
- Hybrid electric vehicles (HEVs)
- Plug-in hybrid electric vehicles (PHEVs)
- Battery electric vehicles (BEVs)
- Fuel cell electric vehicles (FCEVs)
The company said in a statement:
Toyota has been working toward creating ever-better cars and an ever-better society under the notion of contributing to a sustainable society and creating mobility that brings smiles to customers. Addressing environmental challenges, such as global warming, air pollution, and limited natural resources and energy supply are of utmost importance to Toyota
Toyota is just part of a growing list of major automotive manufacturers that are in the process of phasing out petrol engines for the foreseeable future.
- VW Group
- Jaguar Land Rover
- Renault, Nissan, and Mitsubishi Alliance
These car companies all have product roadmaps for in and around 2020 for EVs.
The Lexus line-up, which is Toyota’s luxury brand will also get some battery love as well.
And speaking of power, Toyota is investing heavily in next-generation solid-state batteries, which the company plans to introduce commercially by 2020.
Range and reliability is an important factor when investing in a greener future.
That so-called “range anxiety” still exists in the minds of a lot of people who have yet to make the jump into EVs.
It might be an overblown concept, mainly because change is something many of us fear.
Being the first to tread new territories still doesn’t sit well with some motorists.
Toyota is working on changing those fears, with its proven track-record of reliability and attention to details.
As a result, the automaker is joining forces with the tech giant Panasonic in a feasibility study on how they can create a profitable battery business together.
What this means for the future of the much-anticipated Toyota Supra is still up in the air.
We are still expecting some sort of hybrid platform for the iconic sports car when it makes its return shortly.
For a company renowned for its achievements in Canada and around the world, Toyota is laser-focused on providing drivers with a clean alternative to gas and diesel vehicles.
So far, the company has sold over 11 million electric cars worldwide, with plans to dominate the environmentally friendly movement. More than likely, this company will surpass its sales target of selling electrified vehicles within the next decade world-wide.