Toyota accelerates plans for electric vehicles

Toyota has been known for its hybrids and hydrogen fuel cell vehicles, but now it wants to get into battery EVs, too. The company announced its intent to have half of its global sales in 2025 to be from electrified vehicles. The goal is to sell 4.5 million hybrids, with one million EVs either battery- or hydrogen fuel cell-powered. To make sure it hits its target, starting next year, the automaker plans to introduce at least 10 new BEVs. Six of those will be based on the electrified version of its TNGA platform, which is being called e-TNGA. The vehicles will be sold globally. There will also be different electric vehicles that range from SUVs, crossovers, sedans, to MPVs. To make sure they have a steady supply of batteries, Toyota is partnering with China’s CATL and electric car manufacturer BYD.

Source: Autoblog