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William Maley

Toyota News: Toyota Hops Aboard the Electric Bandwagon

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While most auto manufacturers are betting on electrics as the future, Toyota believes that fuel cells are the answer. But fuel cells have a number of issues, with the biggest one being the lack of infrastructure. So it is surprising that Toyota announced yesterday that would be adding the development of electric vehicles to their green portfolio.

"We want to get ready to consider the future release of electric vehicles," said Toyota's Executive Vice President Takahiko Ijichi.

Ijichi said fuel cells are still the priority for the brand, but adding electrics is important as various markets have conditions surrounding energy and infrastructure. The Nikkei Asian Review says the company will start up an internal group focusing on the EV planning and development next year. Toyota will be accelerating development of various parts to play catch up with other automakers.

It is expected that the first Toyota EV will roll out in 2020.

SourceNikkei Asian Review, 2


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                          2017
      2016
      DSR %
      VOL %
      2017
      2016
      DSR %
      VOL %
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      1.3
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                        YARIS IA (INCL SCI IA)
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      -80.4
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      -16.4
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      2,715
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      1.3
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      36,098
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      17.1
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      0
      0
      0
      0
      6
      -100
      -100
      xD
      0
      0
      0
      0
      2
      9
      -77.8
      -77.8
      xB
      0
      2
      -100
      -100
      0
      2,677
      -100
      -100
      tC
      0
      168
      -100
      -100
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      9,234
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      -97.9
      COROLLA IM (INCL SCI IM)
      1,423
      1,515
      -6.1
      -6.1
      19,064
      15,920
      19.7
      19.7
      COROLLA SEDAN
      17,864
      26,747
      -33.2
      -33.2
      290,163
      331,081
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      -12.4
      TOTAL COROLLA
      19,287
      28,262
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      -31.8
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      347,001
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      -22.4
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      0
      0
      0
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      1,046,705
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      5.3
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      15,531
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      179,419
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      5.4
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      614
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      8
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      1.2
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      168,607
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      4
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      112,130
      2.3
      2.3
      1,284,527
      1,159,696
      10.8
      10.8
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      25
      25
          280
      280
          DSR = Daily Selling Rate
                   
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