Toyota Introduces Several New EVs for Future Debuts

Toyota has announced that it plans to shift its focus to battery EVs in the near future. In fact, the company stated that it plans to have half of its global sales consist of EVs within the next half decade. Learn more about their plans for the future.

By Jeffrey Bausch - June 17, 2019
Toyota Introduces Several New EVs for Future Debuts
Toyota Introduces Several New EVs for Future Debuts
Toyota Introduces Several New EVs for Future Debuts
Toyota Introduces Several New EVs for Future Debuts
Toyota Introduces Several New EVs for Future Debuts

Toyota's plans for global BEV domination

While Toyota is already a leader (as it relates to sales) in the hybrid and hydrogen fuel cell vehicle category, the company plans to bet big on the future of battery electric vehicles moving forward. By 2025, they aim to be selling 4.5 million hybrids annually. This is do-able because, according to a Reuters report, 80% of global hybrid vehicle sales are tied to a Toyota vehicle. So, the company's already captured the market there. However, they want to shift their focus to selling EVs that are either battery or hydrogen fuel cell-powered. Specifically, in the next five years, Toyota wants to introduce an average of 10 or more EVs a year, with at least six being based on the company's electrified version of its TNGA platform, aptly referred to as e-TNGA, and sold globally.

Photo courtesy of Car and Driver

What is e-TNGA?

So this is a pretty cool solution in terms of electric vehicle technology. The idea is that this platform, if you will, can accommodate an electric motor in the front, in the rear, or in both locations. The positioning of the front seats and battery will be fixed, but the e-TNGA wheelbase will be flexible to allow for different vehicle sizes. That is how e-TNGA will be manipulated in order to underpin all of the differently sized EVs Toyota plans to produce.

Photo courtesy of Autoevolution

>>Join the conversation about Toyota's future EVs right here in the forum.

Toyota's goals as it relates to its plans for global BEV domination

For one, the company wants to release several new types of EVs. This includes electric SUVs, crossovers, sedans and MPVs. They also want a variety of reliable batteries to outfit all of these different cars with, all of which should feature improved battery life, greater durability, and the ability to be reused.

Photo courtesy of Car and Driver

>>Join the conversation about Toyota's future EVs right here in the forum.

Some pretty cool partners are already on board

The best way to put into place a proper path to world domination is to find the right partners that can help you get there. So far, Toyota has found partners to better battery availability in China's CATL and electric carmaker BYD. The company is also in the process of establishing a jointly developed, all-wheel-drive battery electric crossover with fellow Japanese carmaker Subaru. The result of this partnership, in particular, is expected to yield six new vehicles. What's more, rumor has it Toyota has a deal in place to produce a small car, which will be co-developed with Suzuki and Daihatsu.

Photo courtesy of The Driven 

>>Join the conversation about Toyota's future EVs right here in the forum.

Why the rush?

Toyota announced their long-term plans to expand their EV lineup just two years ago. The goal was to have a new family of EVs ready for the market by 2030. However, since this announcement, the global appetite for EVs has only continued to grow and given the company's current domination in the HEV market, it recognizes there is an opportunity to seize here with the battery-based EV market. That's why Toyota plans to produce an entire new family of EVs in the next five years, with the goal being to have the first one ready to hit the market by 2020 (starting in China).

Photo courtesy of YouTube / Toyota UK

>>Join the conversation about Toyota's future EVs right here in the forum.

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