TOKYO — Toyota is ramping up electric vehicle deployment plans, pulling forward its goal of selling 5.5 million electrified vehicles by five years and aiming to develop a solid-state battery by next summer as it races to meet a “sudden surge” of EV popularization.
Toyota now aims to sell some 5.5 million traditional gasoline-electric hybrids, plug-in hybrids, EVs and hydrogen fuel cell vehicles by 2025. Nearly 1 million of them could be pure EVs.
Executive Vice President Shigeki Terashi, Toyota’s r&d chief, outlined the new roadmap in a June 7 briefing about the company’s EV plans. In December 2017, the company had said it wanted to sell that many electrified vehicles by 2030, five years later than the revised outlook.
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