PLANO, Texas, Feb. 10, 2021 /PRNewswire/ -- Toyota Motor
North America (TMNA) announced plans to debut in the U.S. market
this year, three new electrified models – two BEVs and a PHEV.
"We continue to be leaders in electrification that began with
our pioneering introduction of the Prius nearly 25 years ago," said
Bob Carter, TMNA executive vice
president of sales. "Toyota's new electrified product offerings
will give customers multiple choices of powertrain that best suits
their needs."
The new electrified models further expand Toyota's U.S.
leadership in alternative powertrain vehicles. Toyota has over 40%
share of the total alternative fuel vehicle market, which includes
a 75% share of the fuel cell market and a 64% share of hybrids and
plug-ins. By 2025, Toyota's goal is to have 25% of new vehicle
sales be electrified models, and by 2030 expects that to increase
to nearly 70%.
Globally, Toyota hybrid vehicles sold have avoided an estimated
139 million tons of greenhouse gas (GHG) into the atmosphere. In
the U.S., we have avoided approximately 38 million tons of GHG.
This achievement is the result of Toyota's long-standing commitment
to the environment and creating a net positive impact on the planet
and society.
Between now and 2025, Toyota and Lexus models, globally, will
have an electrified option. Toyota is also developing a dedicated
BEV platform, e-TNGA, that offers flexibility for all drive
configurations. These initiatives are further steps toward
achieving the Toyota Environmental Challenge 2050, introduced in
2015, the most demanding and most inspiring environmental
commitments Toyota has ever made.
"We believe the fastest way to lower greenhouse gases in the
transportation sector is to offer drivers lower carbon choices that
meet their needs," said Gill Pratt,
chief scientist of Toyota Motor Corporation and CEO of Toyota
Research Institute. "At every price point and with multiple
powertrains, we can put more people in cleaner automobiles across
North America to have the greatest
near-term impact on total carbon emissions."
Toyota shared highlights of new internal research evaluating the
environmental impact and cost of ownership between a PHEV and a
BEV. For this research, Toyota created a tool that shows the
trade-off between GHG Emissions and Total Cost of Ownership. The
source code for this tool is publicly available at
carghg.org for others to experiment with the various input
parameters and see the movement of BEVs and PHEVs on the GHG and
cost plot. The research found:
- GHG of a currently available BEV model and PHEV model are
roughly the same in on-road performance when factoring in
pollutants created by electricity production for the average U.S.
energy grid used to charge batteries.
- Manufacturing is a component of GHG emissions. Using the
"Greenhouse gases, Regulated Emissions, and Energy use in
Technologies" (GREET) model, researchers found that the production
of a PHEV emits less GHG since it uses a smaller, lighter weight
battery.
- The PHEV is much less expensive to buy and own, compared to the
BEV. Without any incentives, the five-year Total Cost of Ownership
(TCO) of a long-range BEV is significantly higher than the PHEV. If
you include incentives available this year (2020), the TCO of a
long-range BEV is much higher.
The key point is that a BEV and PHEV can provide similar
environmental benefits. Each has a unique profile and can be an
optimal solution in different circumstances. By having a
diversified product portfolio with multiple forms of vehicle
electrification, Toyota can let consumers choose the model that
best suits their usage needs and cost profile while maximizing the
total contribution to GHG reduction.
Toyota's progress on Challenge 2050 in North America is measured across four key
areas – reducing carbon emissions, conserving water, fostering a
sustainable supply chain including waste reduction, and protecting
biodiversity. Sustainability planning, strategies and actions are
driven by an annual North American Environmental Action Plan, with
a five-year roadmap modeled to achieve targets in Challenge 2050
and also the United Nations Sustainable Development Goals
(SDGs). Toyota is currently targeting:
- Reduction in CO2 from the company's operations, products and
vehicle lifecycle – including logistics, suppliers and dealers
- Reduction in overall water use per unit of vehicle production
by 3% from a 2020 baseline
- Reduction of procurement of plastic packaging materials by 25%
from a 2018 baseline
- Development of third party validated onsite habitat management
policy by 2021 and begin implementation in 2022.
As proof of its commitment, Toyota recently agreed to purchase
power from a future Clearway Energy Group wind farm to reduce its
overall carbon footprint from electricity used from the power grid.
Toyota also provided an annual update toward having a net positive
environmental impact in the 2020 North American Environmental
Report.
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in
the U.S. for more than 60 years, and is committed to advancing
sustainable, next-generation mobility through our Toyota and Lexus
brands, plus our nearly 1,500 dealerships.
Toyota has created a tremendous value chain and directly
employs more than 36,000 in the U.S. The company has contributed
world-class design, engineering, and assembly of more than 30
million cars and trucks at our 9 manufacturing plants, 10 including
our joint venture in Alabama that
begins production in 2021.
To help inspire the next generation for a career in
STEM-based fields, including mobility, Toyota launched its virtual
education hub at www.TourToyota.com with an immersive
experience and chance to visit many of our U.S. manufacturing
facilities. The hub also includes a series of free STEM-based
lessons and curriculum through Toyota USA Foundation partners, virtual field trips
and more. For more information about Toyota, visit
www.toyotanewsroom.com.
Media Contact:
Tania
Saldana
tania.saldana@toyota.com
469-292-2418
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SOURCE Toyota Motor North America