Toyota promises 10 new vehicles by the end of 2020, including PHEV variants of the Corolla and Levin
Toyota has unveiled PHEVs versions of its Corolla and Levin models during the first day of the Beijing Auto Show. The PHEVs, with an electric range of 50 km or more, will be first offered to drivers in China in 2019.
The automaker also confirmed that a fully battery-electric model based on its C-HR/IZOA compact SUV will also be available in 2020.
The 2019 offering in China will be Toyota’s first overseas production of PHEVs. It plans to increase the annual production capacity for nickel-metal hydride battery modules to 220,000 units in 2020 at Sinogy Toyota Automotive Energy System (STAES) and Corun PEVE Automotive Battery (CPAB).
In addition, the company will also open a new battery testing facility in 2020 at its R&D centre in China.
Toyota senior managing officer and CEO for China Region, Kazuhiro Kobayashi said during the event that: “We are steadily and confidently advancing all aspects of our environmental strategy in China, the world’s most-advanced country in electrification.”
In 2017, Toyota sold approximately 140,000 electrified vehicles in China bringing the total cumulative number to approximately 350,000 electrified cars.
Globally, the company has set ambitious goals for both sales and emissions reduction. Under the self-created Toyota Environmental Challenge 2050, it aims to reduce global average new-vehicle CO2 emissions by 90% from 2010 levels.
In terms of sales, it has said that by 2030 it aims to sell more than 5.5 million electrified vehicles per year, including more than 1 million zero-emission vehicles (i.e. BEVs and FCEVs).
By around 2025, it expects to have a dedicated electrified model or have an electrified option for every model it produces, including those of sub brands such as Lexus. For battery EVs, Toyota said that more than 10 battery models will be available worldwide by the “early 2020s”, starting in China and gradually being introduced to Japan, India, US and Europe.
Its FCEV line-up (currently made up of just the Mirai) will also be expanded for both passenger and commercial vehicles in the 2020s.