The company wants to have 50% of its sales in Europe to be EVs by 2030.
These five new bZ models will arrive by 2026.
Two smaller vehicles and three larger ones are planned.
Toyota wants to catch up on the EV market in Europe by introducing five new “bZ” electric vehicles by 2026, with the first one arriving as soon as next year.
Introduced with the arrival of the bZ4X, the company’s line of “beyond Zero” electric vehicles will grow with the addition of two smaller models and three larger ones.
The first of these models to be launched will be a small crossover that could be inspired by the bZ Concept that was unveiled at the Los Angeles Auto Show in November.
This concept appeared to be a modernized version of the current Toyota CH-R, which will be discontinued in 2023.
This could mean that the distinctive sub-compact SUV will be reborn as a new electric model, likely called bZ3X.
For now, these models have only been announced for Europe, which means that Toyota’s strategy for North America could be different.
Speaking of Europe, the automaker aims to have half of its sales on the continent be electric vehicles by 2030 and it also aims to become carbon neutral there in 2040.
The addition of the five newly announced EVs will help Toyota achieve both of those goals.
This increased support for electric vehicles could be related to the adoption of a ban that will prevent the sale of any new light-duty vehicle powered by a combustion engine in Europe starting in 2035.
If this is the case, Toyota could decide to also speed up its deployment of electric vehicles in North America since California recently passed a similar ban.