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 CleanTechnica. Tesla 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.