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Toyota made an important decision: They put on the gloves, and the competition could tremble

Toyota made an important decision: They put on the gloves, and the competition could tremble

The deputy general manager of the company gave a report on the developments.

Hiroki Nakajima They said at a press conference in Tokyo that they expect to develop ten new electric vehicle models by 2026 and sell 1.5 million of these vehicles annually.

Toyota has set a goal of selling only electric and hybrid cars in Europe from 2030, and wants to achieve this in China by 2035.

They also announced the creation of a new special unit within the company to focus on the next generation of battery electric cars, apparently in response to growing concerns that the brand is losing out to Tesla and other competitors.

Find out how long an electric car battery can last

Many people still fear that batteries will quickly lose their capacity, which means their expensive replacement in the future. According to the Green Car Reports article, it’s largely unsubstantiated.
Recurrent analyzed data on 15,000 electric vehicles, which revealed that only one and a half percent of the entire fleet needed a battery pack replaced, due to premature loss of performance.

Electric car batteries perform better than expected, so replacing them isn’t an expensive surprise for owners. Read more >>>

Sato KojiToyota’s new CEO said they will increase the range of battery electric vehicles in the coming years, but hybrid cars will remain an important mainstay for the company.

There is still no automaker more innovative than Toyota

Toyota has emerged as the automaker with the most patents for the ninth year in a row after initiating and receiving 3,056 new patent applications from the US Patent and Trademark Office in 2022, more than half related to future mobility and another quarter to electrification. Read more >>>

See also  Trump's big story

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