While plans for a new Lexus sedan sound interesting, the more ambitious announcement was Toyota’s aim to launch nearly a dozen battery-electric vehicles within the next three years. “We will expand our current line up by releasing ten new models by 2026,” says Toyota Executive Vice President Hiroki Nakajima.
The company notes that its expanded BEV portfolio will allow it to achieve the target of 1.5 million cars sold annually. In December 2021, Toyota gave a glimpse of 15 upcoming electric cars, with models spanning across sedans, SUVs, modest city rides, and even sleek sports coupe categories.
Toyota claims it is also developing second-generation BEVs that will achieve a 2x boost in range, thanks to batteries with higher energy efficiency. These vehicles will arrive starting in 2026 carrying different labels, “while also offering designs and driving performance to set hearts racing.”
The company also has some impressive plans for the plug-in hybrid class. Toyota says it enhanced the battery efficiency figures of its next-gen PHEV platform, resulting in an electric-only driving range that crosses the 200 kilometers mark. The carmaker is approaching its hybrid EVs as “another BEV option.” In the next half-decade, Toyota will focus on offering hybrid EVs that target affordability and improved quality.
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