Toyota intends to sell more than 5.5 million electrified vehicles by 2030; india also plays an integral part in its sales ambition
Toyota has revealed a few days ago that it will be launching more than ten electric vehicles in the early parts of next decade. The major markets it is targetting are the United States, Europe, China and of course India. The Japanese auto major has affirmed that it is pulling all strings to sell more than 5.5 million electrified vehicles – battery electric and fuel cell electric vehicles.
The timeline which includes 1 million pure EVs is around 2030 – more or less the same deadline Indian government wants all of the cars on road to be electric. Expressing its plans for next decade, the key in Toyota’s strategy lies in speeding up the development of electric as well as plug-in hybrid and fuel cell based vehicles.
The bold electrification strategy also involves models from its luxury sub-brand Lexus that sells only hybrid models in India via CBU route. The advantages of fuel cell equipped vehicles will be fully exploited as they will be used on commercial purposes as well. By the middle of next decade, every Toyota and Lexus model around the globe will be sold with either dedicated electric drivetrain or optional electric propulsion system.
Alongside making all of its vehicles go some kind of electric, Toyota will be concentrating on developing new technologies as well through global partnerships. Toyota, in association with Suzuki, will be introducing electric cars in India by the end of this decade. Ahead of the arrival of vehicles, Toyota intends to study the market and observe the acceptance among potential customers.
Suzuki will be establishing a lithium-ion battery facility joining hands with its partners in Gujarat. Toyota is also making strides in developing next-gen solid state batteries and only last week study for a prismatic auto business has been announced with Panasonic.