Toyota Wants To Accelerate EV Production As It Plays Catch Up To BYD And Tesla

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Toyota Wants To Accelerate EV Production As It Plays Catch Up To BYD And Tesla
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In a drastic shift for the brand, which has been reluctant to fully embrace electric vehicles, Toyota now plans to triple production by the end of 2025

aimed to highlight the various options on offer, including hybrid, EV, and hydrogen.

Toyota currently offers 16 electrified vehicles, consisting of 12 hybrids, two plug-in hybrids, the all-electric bZ4X, and the Mirai. In addition to the beleaguered bZ4x, Toyota is planning to introduce a new EV, namely a Hilux truck to the Thai market later this year. Also forming part of the EV salvo will be as-yet-unnamed electric SUVs headed to China and the U.S. next year. For U.S. EVs, batteries will be made in Toyota’s North Carolina plant, while a 2025 MYExpect an all-electric Lexus ES to debut in Japan in 2025, too.

An all-new electric platform is expected in 2026, while the brand has also shown off its own version of Tesla’s “gigapress” that aims to cut costs by creating larger pieces so that vehicles can have fewer parts.

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