Akio Toyoda, President of Toyota Motor Corporation, presented on 14th December 2021 more news concerning the company’s carbon neutrality strategy by outlining its plans to offer 30 battery electric models by 2030.
Akio Toyoda, President of Toyota Motor Corporation, presented on 14th December 2021 more news concerning the company’s carbon neutrality strategy by outlining its plans to offer 30 battery electric models by 2030.
This has been and will continue to be Toyota’s wish and our mission as a global company. For that challenge, we need to reduce CO2 emissions as much as possible, as soon as possible. We are living in a diversified world and in an era in which it is hard to predict the future. Therefore, it is difficult to make everyone happy with a one-size-fits-all option.
Furthermore, we are expanding the bZ series line-up. Please have a look at these two models. This midsize SUV has a beautiful silhouette that presages a new era for battery EVs. At just a single glance, its styling can invite you to want to get in and go for a drive. And this is the most compact SUV in the series—a small battery EV with a comfortable interior designed with Europe and Japan in mind. The more batteries you add to extend cruising range, the bigger, heavier, and more expensive a vehicle becomes.
Because this SUV is a small vehicle, there is something we must be thorough and very particular about. And that is—power efficiency. The important thing is to what degree we can increase a vehicle’s overall energy efficiency, in other words how much less energy a vehicle needs to run. This is exactly the technology that Toyota has been refining for more than 30 years. Putting our best efforts into all aspects of these, with this vehicle, we are aiming for a power efficiency of 125 watt-hours per kilometre, which would be the highest in the compact SUV class.
And this is a midsize sedan that meets customers’ expectations for a first car. We also have a large SUV with available third-row seats that allow families to experience fulfilling times together. What do you think? We will not only add battery EV options to existing vehicle models but will also offer a full line-up of reasonably priced mass-production models, such as the bZ series, to meet the needs of all kinds of customers.
By doing so, we hope to deliver to customers around the world the unique and beautiful styling as well as fun-to-drive aspects of battery EVs, and the experience of a life with battery EVs.
Furthermore, we will expand the options for carbon-neutral vehicles by offering a full line-up of battery EVs. Specifically, we plan to roll out 30 battery EV models by 2030, globally offering a full line-up of battery EVs in the passenger and commercial segments.
We will deliver a unique electrified Lexus that combines linear motor acceleration/deceleration, brake feeling and exhilarating handling to further pursue the joy of driving. In particular, we believe that the Battery EV will become the future symbol of Lexus as a model that most clearly expresses the evolution of the automobile brought about by electrification. The latest of these models is the Lexus RZ. The process of strengthening the fundamentals and pursuing the Lexus Driving Signature will not change even if it is a Battery EV.
The endless pursuit of the Lexus Driving Signature will move to the next stage through development of the new Sports Battery EV. With bold proportions and low ride height essential to a sports car, it will showcase the unique driving performance of a Lexus and become a model that symbolizes the future of the brand. Acceleration time will be in the low 2 second range, cruising range over 700km, and with the possible use of solid-state batteries in mind, we will aim to create a truly high-performance Battery EV.
Through Battery EV’s, we will develop Lexus into a brand that offers a variety of experiences harnessing performance development that only a car maker like Lexus could do, and by honing the craft of making ever more personal products.
From that point of view, each electric vehicle should be unique and special, not only those on dedicated platforms but also those related to existing models. Whether that means building on Toyota’s off-road heritage to create new exciting recreational experiences or finding new ways to combine versatility with dynamic driving. Commercial use models such as the e-palette will change the face of daily life in the city. But we will also challenge smaller size segments for new mobility solutions.
Compact ultra-versatility will open up new and exciting possibilities for both work use and for youngsters to personalize. As well as new approaches for the smallest segments, such as “Made-for-sharing”, where different variations cater to different business scenes. And last, but certainly not least, car fans like Akio Toyoda will certainly not be disappointed. The EV era is an opportunity and a chance for more variety and more fun! An EV for you, an EV for me, and an EV for everyone. “An EV for everyone”.
To achieve these goals, we have invested in various areas for a long time. In the area of vehicle development, in 1997, Toyota launched the Prius, the world’s first mass production hybrid electric vehicle.
We launched the “C+pod” and “C+walk” this year and have accelerated the development of battery EVs, including the “e-Palette”, that provide people with freedom of movement in various scenes. At the same time that we started our development of battery EVs in the early 1990s, we also began our development of fuel cell electric vehicles, which run on hydrogen.
Going forward, we will increase our new investment in batteries from the 1.5 trillion yen announced in September to 2 trillion yen, aiming to realize even more-advanced, high-quality, and affordable batteries. When it comes to natural resources, Toyota Tsusho began conducting lithium and other surveys as early as in 2006 and has been working to secure stable sources. And in the area of energy, Toyota Tsusho has been working to secure renewable energy sources such as wind and solar power generation for more than 30 years.
We believe that the reduction in lead times and high-mix, low-volume production methods that we have cultivated through the Toyota Production System, along with the steady efforts of Japanese manufacturing, will enable us to be competitive going forward. We will continue to advance initiatives in all areas together with many of our partners among Toyota Group companies, suppliers, and dealers.
However, we believe that quickly adapting to changes in the future is more important than trying to predict the future, which is uncertain. That is why we want to keep options available for our customers until the right path is clear.