This essentially means that the brand’s electrified vehicle strategy will require them to mass produce these vehicles. But first, Toyota plans to accelerate development of battery electric vehicles (BEVs), fuel cell electric vehicles (FCEVs), hybrid electric vehicles (HEVs), and plug-in hybrid electric vehicles (PHEVs).
Toyota has also interestingly disclosed that they expect to introduce at least 10 BEVs, some of which that will also find their way to India, in addition to other markets (by the early 2020s). In case you’re still wondering, the biggest difference between a PHEV and a BEV is that the latter’s driving range is solely limited to the output of its battery capacity, after which it needs a recharge. A PHEV usually gets an internal combustion engine with a fuel tank in addition to the battery output.
Toyota is also working towards sorting out the limitations relating to today’s battery energy density, weight/packaging, and cost concerns. Plus, everybody knows that the brand is developing the next-generation of solid-state batteries. If things go their way, Toyota aims to have sales of more than 5.5 million electrified vehicles, including more than 1 million zero-emission vehicles (BEVs, FCEVs) by the year 2030. Now that’s a whole lot of electrified mobility coming everybody’s way. Stay tuned for the details.