Sunday, February 28, 2021
News Toyota Surprises, Says Two EVs Coming This Year

Toyota Surprises, Says Two EVs Coming This Year

Toyota plugging in

  • Toyota looked to be falling behind on battery-only models

  • New PHEV will join EVs this year


Toyota‘s latest announcement shows that its electric car lineup is about to get charged up. That means two BEVs and a PHEV all arriving this year as the automaker looks to catch up with rivals who have been showing off their emissions-free models for years.

“We continue to be leaders in electrification that began with our pioneering introduction of the Prius nearly 25 years ago,” said Bob Carter, Toyota North America executive vice president of sales. “Toyota’s new electrified product offerings will give customers multiple choices of powertrain that best suits their needs.”

Toyota says it has more than 40 percent of the US alternative fuel market, including 75 percent of fuel cell models and two-thirds of PHEV and hybrid models. But most of those are simple hybrid models, a measure that does well to maximise fuel economy but is starting to look dated in the face of the slate of electrics expected to arrive in the next few years.

The new platform for Toyota EVs is called e-TNGA, and though it shares the TNGA part of the name with the platform that underpins almost the entire current Toyota lineup, this will be dedicated to EVs. More importantly, Toyota says that the new vehicles, a yet-undisclosed PHEV and two full EVs, will debut on the market this year, bringing them ahead of much of the competition.

Toyota says it expects to have 40 pecent of its sales electrified by 2025, and 70 percent by 2030. The automaker’s climate change plan calls for other measures to improve the company’s footprint including a reduction of plastic packaging of 25 percent from 2018 levels and a reduction in CO2 from operations including suppliers, logistics, and dealers.

 

Trending Now

New Report Says Plug-In Ford Ranger Confirmed

A plug-in hybrid version is now confirmed for the next generation of the Ford Ranger. Except that it's not at all certain if that's...

Lexus Adds V8 to 472 hp IS 500 F Sport Performance

First IS V8 since 2014's IS F Gets RC F power but not badge, hinting at IS F to come? Lexus made some big...

Ioniq 5 Pre-Sales Top 23,760 Units On First Day In Korea

The total annual sales target for the first year is set at 26,500 units. The large-compact electric crossover was revealed only a few...

Ferrari Announces Le Mans Hypercar Entry After 50 Year Absence

Ferrari left top-tier at Le Mans in 1973 Italian automaker will enter the new Hypercar class starting in 2023 Ferrari has announced a return...

45 Years Of The Volkswagen Golf GTI Celebrated With The Clubsport 45

The beloved VW Golf GTI was launched back in 1976. Its turbocharged 2.0-litre engine will produce 300 PS, or 296 horsepower. The Volkswagen Golf...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.