Toyota Announces EV Plans

Toyota announced last week it is advancing its existing EV roadmap for 5 years.
June 10, 2019

June 10, 2019—Instead of selling 1 million electric vehicles per year by 2030,  the target year is now 2025 for some automakers, according to a report by CleanTechnicaTesla plans to sell 1 million BEVs per year by 2021, at least 4 years ahead of Toyota. Even Volkswagen expects to reach that goal in 2022. 

Other newsworthy and related notes:

  • Toyota BEVs will sell in China in 2020 and other markets later.
  • The 2017 master plan for 5.5 million “electric and electrified” vehicles by 2030 is now advanced to 2025.
  • Half of the 1 million BEV total will be in China, the rest split between Europe and US, according to industry estimates. 
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