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Toyota to launch 10 new battery EV models by 2026, executive says

A Toyota RAV4 Prime electrical automobile is recharged October 3, 2022 at a charging station on the city corridor in Charlotte, Vermont.

Robert Nickelsberg | Getty Photos

Toyota Motor Corp goals to introduce 10 new battery electrical car fashions by 2026, a senior government mentioned on Friday, because the Japanese automaker seems to catch up in electrical autos.

Toyota may also arrange a brand new, specialised unit to give attention to battery EVs and is concentrating on annual manufacturing of 1.5 million battery-powered automobiles by 2026, Hiroki Nakajima, the corporate’s chief know-how officer, mentioned at a briefing.

The rise would mark a pointy upturn from Toyota’s present ranges of electrical autos.

The automaker, the world’s largest by gross sales, has pushed again towards criticism it has been too sluggish to embrace battery-powered autos. Toyota argues that a mixture of choices – together with gasoline-electric hybrids, makes extra sense for its international buyer base.