16 Dec 17

Toyota targets 50% "electric" sales by 2030

From just 15 percent today, Toyota Motor wants its hybrid and electric vehicle sales to jump to at least 50 percent by 2030. That is what the group's CEO Akio Toyoda said during last week's press conference announcing the partnership witih Panasonic for the development of EV batteries.

In terms of volume, that would mean 5.5 million 'electrified' units, 4.5 million of which are expected to be propelled by a combustion engine and an electric motor. The remainder would be a mix of battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs)

This year, Toyota will sell about 10 million units worldwide, of which 1.5 million have an electric motor. The vast majority are conventional hybrids (Yaris, Auris, RAV4, Prius plus almost the entire Lexus range), some 50,000 are PHEVs (Prius Prime) and 3,000 are FCEVs - indeed, Mirai.


Authored by: Dieter Quartier