Tuesday, July 5, 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

Drako Motors Showed a 2,000 Horsepower Concept Electric SUV Called Dragon

Drako Motors had previously teased the GTE, which was a reworked Karma Revero This concept SUV features gullwing doors A production version could...

BYD Globally Outsells Tesla in EV Sales

BYD is famously backed by Warren Buffett’s Berkshire Hathaway. They sold 641,000 vehicles in the first half of the year. BYD, the Shenzhen-based based...

The Next Generation of the Chrysler 300 will be Electric

Chrysler confirmed the 300 name will be used on an upcoming EV This model should arrive in 2026 It will be built on...

How About a 6,500 Horsepower Electric Beetle?

The electric car is still in its infancy at the time of writing. Over the years, the efficiency of batteries and motors will grow...

SRT’s Legendary Hellcat Engine Might Still Have Life Left in it

Rumours suggest that SRT’s got an 850+ horsepower version coming in the near future. It would run on ethanol (E85) instead of 100+...
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

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.