Toyota’s Discloses EV Plans: All You Need To Know
Oct 29th, 2021 8:28 EST
Toyota aims to launch 15 battery EV (BEV) models worldwide by 2025, Reuters reports. Toyota is yet to disclose a price range or sales target for the bZ4X.
Toyota will initially build the model on a mixed line with gasoline-engine cars, both in Japan and China.
It will be sold in Japan, North America, China, and Europe starting in mid-2022.
The car will have front-wheel and four-wheel-drive versions, with a driving range of about 500 km (310 miles) for the latter.
The car will have an optional roof-mounted solar panel to charge the battery.
Toyota aims to invest $13.5 billion through 2030 on EV batteries and introduce seven bZ series models by 2025.
Price Action: TM shares closed higher by 1.37% at $176.48 on Thursday.
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