Toyota now plans to release 30 all-electric vehicles by 2030, up from 15 fully electric models by 2025. During a presentation, it delivered a taste of the future by previewing a wide selection of electric vehicle concepts.
One of them is a pickup truck that might compete with Ford’s F-150 Lightning and Rivian’s R1T. The Toyota Pickup EV looks a lot like the Toyota Tacoma, as Autoblog points out. As a result, the next iteration of the pickup could include an electric alternative.
Other variants include a Sports EV and a Compact Cruiser EV inspired by the FJ Cruiser. Commercial variants, such as the Micro-Box and Mid Box, are also available. Toyota demonstrated the self-driving e-Palette, which was utilised to transport participants during the Summer Olympic and Paralympic Games this year. After an EV collided with a visually challenged participant, the business decided to exclude them from the Paralympics.
Toyota also unveiled a portfolio of Lexus electric vehicle designs on the top end of the spectrum. The Electrified Sport, according to the company, should be able to accelerate from 0 to 60 miles per hour in just over two seconds and have a range of roughly 435 miles. An Electrified Sedan and an Electrified SUV were also on display.
Despite the fact that Toyota has committed to spending about $70 billion on electrifying its vehicles, its medium-term EV predictions are modest. By 2030, it intends to sell 3.5 million electric vehicles per year, roughly a third of its current vehicle sales.
Volkswagen, on the other hand, expects half of its car sales to be electric by 2040, and the bulk of its sales in large countries to be electric by 2040. Toyota is playing catch-up with other automakers in the EV industry after becoming an early leader in hybrid car technology, so presenting somewhat subdued estimates shouldn’t come as a surprise.
Toyota, on the other hand, has announced intentions to establish a $1.29 billion electric vehicle battery factory in North Carolina by 2025. Last month, the business declined to join other automakers, such as General Motors and Ford, in vowing to phase out fossil fuel-powered vehicles by 2040. By 2035, however, Lexus intends to sell entirely electric vehicles.