Toyota News: Will Car-Manufacturing Company Be The Next Mass-Producer Of Electric Vehicles? : Auto News : Auto World News
Japanese newspaper Nikkei reported on Monday that in a striking break from tradition, Toyota Motor Corp. is exploring the possibility of mass-shipping long-range electric cars to the public by 2020.Despite competition like Nissan, Volkswagen and Tesla rallying behind electric vehicle production, Toyota has shown reluctance, sticking to its hydrogen fuel cell cars.AdvertisementThe Tokyo-based carmaker expressed reservations about electric vehicles, citing its expensive rechargeable batteries and the amount of time it takes to charge.
Toyota Looks to Electric Cars as Stronger Yen Dents Profits
TOKYO—Toyota Motor Corp. gave a strong signal Tuesday that it soon plans to jump on the battery bandwagon and make electric cars despite expressing skeptical views about their range and charging times.News of Toyota's technology shift came as its latest results, released Tuesday, showed the company's profits were eroded by a stronger yen and the shift by American car buyers toward trucks and sport-utility vehicles.The company is...
Toyota Homing In on Mass-Market Electric Vehicles? – News – Car and Driver
Toyota—with its now-ubiquitous Prius—has spent the better part of two decades democratizing the benefits of electrification like no other automaker, yet its enthusiasm for non-hybrid electric vehicles has been tepid at best.That may finally be changing.The world's top-selling automaker is said to be reconsidering its absence from the electric-vehicle market.
Toyota Sets Sights on Long-Range Electric Cars
Toyota Motor tm is looking at mass-producing long-range electric vehicles (EVs) that would hit the market around 2020, the Nikkei newspaper reported on Monday, in what would be a dramatic reversal in strategy for the world's top-selling automaker.Even as rivals such as Nissan Motor nsany and Volkswagen vlkay have touted pure electric cars as the most viable zero-emission vehicles for the future, Toyota has said it would reserve EVs for short-distance commuting given the high price of rechargeable batteries and lengthy charging times.By adding longer-range EVs to its product range, Toyota would be changing its tune from promoting plug-in petrol-electric hybrid cars and hydrogen fuel-cell vehicles (FCVs) as the most promising alternative to conventional cars.