On December 4th, Toyota announced its strategy for the European market. The company plans to launch 6 battery electric vehicle models in Europe by 2026, aiming for these vehicles to account for over 20% of its new car sales in the European market. Toyota is taking action to accelerate electric vehicle production in Europe. In addition to the four electric vehicles already on sale or in development in Europe, the company also plans to launch two new models in 2024 and 2025, including a city SUV concept and a sporty crossover vehicle.
Toyota expects to sell over 250,000 battery-powered cars annually in the European market by 2026, the company said in a statement. The global sales target for Toyota is to reach 1.5 million electric cars by 2026. In the first 10 months of this year, Toyota’s global sales were approximately 8.5 million units, including the luxury brand Lexus, with electric cars accounting for 1%.
Their goal is to expand the number of pure electric vehicles and fuel cell vehicles under the “Toyota” brand to more than 15 models by the end of 2026. IT Home noticed that Toyota currently has 5 EV models and 1 FCV model, and the high-end brand “Lexus” has 2 EV models. Lexus plans to achieve full electrification by the end of 2035, but may advance it to 2030 if conditions in the European market allow. In addition, Toyota aims to achieve net zero emissions by the end of 2040 for greenhouse gas emissions generated by production and logistics activities. Advertisement statement: The article contains outbound links for delivering more information, saving selection time. The results are for reference only, and all articles from IT Home contain this statement.