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Toyota is planning to sell more than 10 electric cars by early 2020s

Toyota is planning to sell more than 10 electric cars by early 2020s

Toyota is looking to step up its game in the pure electric cars arena, and now we have some additional details that help those claims. The company has given us goals for low- and zero-emission cars in the next decade, and they expect to have “more than 10” EVs worldwide by the early 2020s.

The company will start with China and will spread to other markets like Europe, Japan and the US. By 2025, every Toyota and Lexus IS expected to be either EV-only or have an electrified option like hydrogen fuel cell or hybrid. Toyota hopes to have sold somewhere over 1 million zero-emission cars by 2030, and 5.5 million with some kind of electric powerplant. This may seem like a lot, but is a fairly standard practice. The company isn’t expecting to make big gains in market share or make a lot of sales right away.

Aside from Toyota, Ford has said that it wants at least 10 percent of its sales to be EVs by 2020, and GM says that they hope to have 20 EVs available in the market by 2023. You have Toyota, Ford, and GM here making a lot of commitments and there’s also Tesla that’s already well ahead of the game and will reach those numbers far in advance. Tesla’s Model 3 reservation are already roughly half a million and that’s not even including other EV models from the company.

Toyota is making an ambitious bet to have EVs part of its future, as well as hydrogen. Toyota is clearly one of the world’s largest car brands, they will no doubt make a considerable impact when it comes to what and how people drive. If Toyota brings some really good and affordable EV options to the market, you may consider electrifying yourself with a new EV in your life.

CategoriesTransportation
Hamza Khalid

Hamza Khalid is the Lead Editor at The Jolt Journal. You're more than welcome to follow him on Twitter and follow The Jolt Journal on Twitter and Facebook. If you have any questions, concerns, or need to report something in this article, please send our team an email at [email protected] This story may be updated at any time if new information surfaces.

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