Friday, January 28, 2022
News Toyota’s EV Priority is Affordability, Not Range

Toyota’s EV Priority is Affordability, Not Range

Toyota’s saying that “Nothing happens until you sell a car” is a driving force behind this plan

  • Toyota’s strategy is to sell EVs to the masses.

  • Lexus’ priority will be different.

Toyota’s not looked too good recently as they were deemed to be one of the most obstructive companies when it comes to fighting the climate crisis. Despite this, Toyota’s still on board with developing and selling EVs as demonstrated by the recently introduced bZ4X. Toyota’s strategy differs from other OEMs however.

Toyota Comes in Third as the Most Hindering Company Against Climate Change

Although it may seem obvious, the best way to help the environment when moving away from petrol-powered vehicles over to EVs is by getting them on the road. This is what will make a difference and one factor that keeps EVs out of the hands of many are big expensive batteries needed to deliver range.

Toyota has an expression that says: Nothing happens until you sell a car.” This is what Cooper Ericksen, Toyota Motor North America VP for product planning and strategy told Green Car Reports. And Toyota’s plan is to sell millions of EVs by the end of the decade.

To reach the goal, Toyota will leave range obsession to others, including premium brand Lexus which typically has more affluent customers willing to pay more for a larger battery and more range.

2023 Toyota bZ4X officially unveiled with 400 kilometers of range

“Batteries are expensive, and the bigger you make the battery, the more expensive it is,” Ericksen said. “So the trick, I think long-term is not all about range, range, range; the trick is matching the range and the price point to what the consumer can afford.”

The 2023 bZ4x will offer up to 400 km (250 miles) of range, which could be considered more than people actually need. With an estimated price nearing $40,000 in the US for the base model, it is conceivable that Toyota will launch a lower-range model in the near future. This would bring pricing down closer to the $30,000 mark, a number far more attainable by the masses.

Trending Now

Nissan Recalls 793,000 Units of the Rogue in North America

Corrosion in an electrical connector could cause a fire The affected model is the 2014-2016 Rogue A solution to the problem is currently...

New FL 2023 Honda Civic Type R Won’t Get More Power

The K20C1 will still produce 306 horsepower. An optional automatic transmission is a possibility. The new Type R will launch this summer. We’re on...

Mercedes-Benz Hits Paused on G-Class Orders

The last day to order one was January 17th. Delivery times extend into the 4th quarter of 2024. The Mercedes-Benz G-Class, aka the G-Wagon...

Alfa Romeo Tonale Premiere on February 8th

The Tonale has the potential of being Alfa’s best-seller overnight. Alfa Romeo calls the arrival of the Tonale “La Metamorfosi.” We finally have a...

First 2023 Mazda CX-50 Rolls Off Line in New Alabama Plant

CX-50 new off-road-intended crossover from Mazda First Mazda built in U.S. since 2012 Mazda's first CX-50 crossover rolled off of the line today at...
Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai


Please enter your comment!
Please enter your name here

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