PLANO, Texas, May 12, 2021 /PRNewswire/ -- Toyota is on
the path to an electrified future and the company is committed to
making battery electric vehicles (BEVs) a key part of its lineup.
Earlier this year, Lexus unveiled the LF-Z, a conceptual look at
the future of BEVs in the luxury segment. That was followed by the
debut of the Toyota bZ4X concept, a battery electric SUV that will
go into production in 2022.
Toyota expects BEVs and FCEVs will make up 15% of its U.S. sales
by 2030, and along with the company's hybrids (HEV) and plug-in
hybrids (PHEV), 70% of the Toyota and Lexus combined sales mix will
be electrified by 2030. On a global basis, Toyota expects to sell
approximately 8 million electrified vehicles by 2030, of which 2
million will be BEVs and FCEVs.
"For over 30 years, Toyota has been innovating and investing in
technology to reduce vehicle emissions and achieve carbon
reductions," said Chris Reynolds,
chief administrative officer, Toyota Motor North America. "And,
although some people believe concentrating resources on one
possible solution will achieve the goal more quickly, we believe
investing in many different solutions will actually be a faster way
to achieve carbon neutrality around the world."
Toyota has led the way with more electrified vehicles on the
road than all automakers combined. It started in 1997 when Toyota
introduced the first generation all-electric RAV4-EV, followed by
the now iconic, Prius, a gasoline-electric hybrid. In 2015, Toyota
launched its first emissions-free, FCEV, the Mirai.
Since then, Toyota has adapted hybrid electric powertrains to
vehicles of all shapes and sizes. There are now 17 electrified
vehicles in the company's U.S. lineup, including HEVs, PHEVs, and
FCEV, with more on the way.
Over the years, Toyota hybrid models have saved 139 million tons
of greenhouse-gas emissions worldwide--76 million tons in the U.S.
It is clear, the environmental impact of HEVs, PHEVs and FCEVs has
been profound.
At Toyota, we believe giving consumers choices with a portfolio
of alternative powertrains can help bridge to an all-electric
mobility future. The company's approach seeks steady and
substantial carbon reductions every year until the recharging
infrastructure and costs of BEVs make them an attractive,
affordable choice for all consumers everywhere.
Toyota is committed to help solving BEV infrastructure and cost
challenges while delivering mobility that best fits the many needs
of consumers. We also encourage policymakers to write regulations
and laws that encourage consumers to consider all kinds of
environmentally friendly, carbon-reducing vehicles so we can move
even faster toward a carbon neutral society for all.
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 Contacts:
Ed
Hellwig
469-292-1165
edward.hellwig@toyota.com
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SOURCE Toyota Motor North America