The electric vehicle revolution has been taking center stage in the automotive industry for the past decade, with China as its major player in recent years. Major cities in Europe and China have started implementing stricter emissions regulations. Albeit late to the party, Toyota is now going all out for its plans of introducing more electric vehicles in the global market.
Following the company's push for more hybrid-electric vehicles in the Philippines, Toyota has announced its next big move to further vehicle electrification. Due to a sudden surge electric vehicle (EV) demand, Toyota is ramping up its goal of selling 5.5 million hybrid-electrics (HEVs), plug-in hybrids (PHEVs), EVs, as well as hyrodgen fuel cell vehicles (FCEVs) by 2025.
Laying out the company's future plans was Toyota executive vice president Shigeki Terashi, who also happens to be the company's R&D chief. The sudden change in plans came after a surge in demand for electrified vehicles. Based on their 2017 study, 4.5 million HEVs and PHEVs, as well as 1 million battery-electric vehicles (BEVs) and FCEVs will be sold come 2030. However, with the sudden increase in demand for alternative vehicles, Toyota claimed that their estimates could be reached as early as 2025 instead of 2030.
In order to face this conundrum head-on, Terashi wants to further advance Toyota's EV technology just before next year's Summer Olympics in Tokyo. Toyota's plan will involve ramping up research & development of newer, more compact batteries; increase global production of electrified vehicles; and finding new ways of popularizing BEVs.
Come 2020, Toyota is looking at developing a fully-working, solid-state battery that can be used for electrified vehicles. Billed to be lighter, more powerful and safer than current batteries, this new technology could help in popularizing EVs more. Besides being used on future EVs, FCEVs and HEVs, Toyota is also looking at using this type of battery for smaller, more compact BEVs that can be applied for menial tasks. It can be used at airports for transferring luggage, for mobile security personnel, and even help disabled or seniors get around faster.
Over to production, Toyota plans to begin mass production of EVs in China at the start of 2020. This will include making propreitary BEV models of the CH-R and IZOA for the Chinese market. Moreover, Toyota also wants to introduce 10 BEV models globally by the early 2020s in order to attract more buyers.
As for building the platforms and technologies for EVs, it won't be a singular effort as Toyota will co-develop several of their future EVs with other brands like Subaru. Just recently, both Toyota and Subaru have agreed that they will be developing a battery electric vehicle (BEV) platform that will be seeing use in both midsize and large vehicle applications. In addition, the new platform will also be used for a C-segment crossover that Toyota and Subaru will both sell under their own brands.
Other partner brands such as Suzuki and Daihatsu will also help in making additional variations of the EVs. In fact, Toyota has laid out the following body styles for their upcoming EVs: medium-sized sedan and crossover, a small compact, a medium-sized minivan and SUV, as well as a large SUV.
With a set goal of reducing carbon emissions from their vehicles by 90% come 2050, Toyota is putting out all the stops in order to not just meet the demand, but to also leave a cleaner and greener environment for all.