Toyota outlined its
updated product strategy, which now includes selling 5.5 million electrified
vehicles by 2025 and developing a solid-state battery pack by next summer. The
Japanese company’s revised goals were announced by Shigeki Terashi, Toyota’s
Head of R&D and executive Vice President. According to Reuters, the company
had to change its goals by setting them five years sooner in order to meet the
“sudden surge” of EVs.
Toyota also aims to
unveil a solid-state battery pack for its electrified cars next year and ahead
of the Summer Olympics in Tokyo. Battery-electric vehicles will play a crucial
role in Toyota’s immediate future, with the company launching next year the
electric version of the C-HR and its sister Izoa in China, as well as a
Japan-only two-seater minicar with a range of 100 km. Out of the 5.5
million electrified vehicles sold by 2025, Toyota wants at least 1 million of
them to be a mix of battery electric or hydrogen-powered models.
The company is also
developing an EV-specific architecture based on the existing TNGA. Dubbed
e-TNGA, the platform will spawn a compact SUV co-developed with Suzuki and a
mid-size SUV together with Subaru. Toyota also has plans for another electric
crossover, as well as a sedan, a large SUV and a minivan.
Toyota released a
series of images showing a range of clay models, one for every planned
bodystyle. Each model comes with a long wheelbase, rear-view door cameras and
an EV-specific design language that may or may not remind you Faraday Future’s
FF91.
The company also
announced a new deal with Chinese battery supplier CATL, as well as with the
Chinese EV maker BYD.
