- Toyota as whole plans to sell 3.5 million EVs worldwide
- Toyota only sold 24,466 pure electric vehicles globally in 2017
- Toyota set a goal to sell one million electric vehicles internationally by 2030 and to go completely electric globally by 2035
Harare- Next month, Toyota Motor will introduce its newest plug-in hybrid model to American stores as part of the company's wager that plug-ins will serve as a transitional vehicle between conventional cars and electric vehicles. Global automakers Toyota, Ford, and Hyundai are among those releasing new plug-in hybrid gas-electric vehicles. Plug-in hybrids are the closest thing to a fully electric vehicle now on the road. While most hybrid vehicles on the road today combine gas engines with electric motors to conserve fuel, plug-in hybrids may drive primarily on batteries—with the engine as a backup.
The management of Toyota has promised to "dramatically" speed up the introduction of new electric vehicles as part of its effort to transform the largest manufacturer in the world into a mobility firm. Investors, environmentalists, and EV enthusiasts are criticizing Toyota Motor Corporation for lagging behind in the worldwide EV race. To increase its proportion of Evs, management claimed it is adopting a three-pronged strategy. Priorities will include strengthening the automaker's Woven-related software-first efforts, stepping up its EV drive, and concentrating on achieving carbon neutrality in Asia.
However, Toyota affirmed that it would continue to pursue electric vehicles (EVs) while also developing hybrid, plug-in hybrid, and hydrogen-powered vehicles. This broad powertrain plan was developed by the company's directors, and Toyota committed to following its lead. Toyota believes that now is the perfect time to create the next generation of electric vehicles that better reflect its brand identity and manufacturing prowess as a low-cost, effective company.
The luxury company has already set a goal to sell one million electric vehicles internationally by 2030 and to go completely electric globally by 2035. In that time span, Toyota as whole plans to sell 3.5 million EVs worldwide. Given that Toyota only sold 24,466 pure electric vehicles globally in 2017, getting there won't be simple.
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