Toyota to enter global EV market in 2026

Toyota Motor has announced its intention to start production of pure electric vehicles (EVs) in 2026 and enter the global market for such vehicles. The BEV Factory, a newly established arm of Toyota that specializes in electric cars, will build and develop these EVs. The high-performance lithium-ion battery used as the next-generation battery can provide a range of up to 1,000 kilometers after just 20 minutes of charging.

Toyota is aggressively developing all-solid-state batteries for its EVs, with a target of commercializing this technology by 2027-2028. The solid-state batteries are expected to have a range of over 1,200 kilometers and charging time of around 10 minutes.

In a demonstration video, Toyota Motor Division President Takero Kato said the company hopes to develop an electric car with a range of 1,000 km. By comparison, the long-range Tesla Model 3 now has a range of about 700 kilometers.

“What we want to achieve is to change the future with BEVs,” Takero Kato, president of the new Toyota EV unit BEV Factory, said in a video posted on the manufacturer’s YouTube channel today (Tuesday, June 13).

“We will launch the next generation of battery EVs globally and as a complete line-up in the market from 2026,” Kato said.

Toyota aims to sell 1.5 million electric vehicles a year by 2026 and 3.5 million by 2030, accounting for about a third of its global sales. By selling 8,584 electric vehicles (including Lexus) worldwide in April, Toyota crossed 1% of the global market in a single month for the first time, a significant milestone.

Toyota is making great strides in the electric vehicle industry and looks forward to playing a leading role in shaping the future of sustainable transportation with its high ambitions and focus on cutting-edge battery technology.

Source

Toyota Motor has announced its intention to start production of pure electric vehicles (EVs) in 2026 and enter the global market for such vehicles. The BEV Factory, a newly established arm of Toyota that specializes in electric cars, will build and develop these EVs. The high-performance lithium-ion battery used as the next-generation battery can provide a range of up to 1,000 kilometers after just 20 minutes of charging.

Toyota is aggressively developing all-solid-state batteries for its EVs, with a target of commercializing this technology by 2027-2028. The solid-state batteries are expected to have a range of over 1,200 kilometers and charging time of around 10 minutes.

In a demonstration video, Toyota Motor Division President Takero Kato said the company hopes to develop an electric car with a range of 1,000 km. By comparison, the long-range Tesla Model 3 now has a range of about 700 kilometers.

“What we want to achieve is to change the future with BEVs,” Takero Kato, president of the new Toyota EV unit BEV Factory, said in a video posted on the manufacturer’s YouTube channel today (Tuesday, June 13).

“We will launch the next generation of battery EVs globally and as a complete line-up in the market from 2026,” Kato said.

Toyota aims to sell 1.5 million electric vehicles a year by 2026 and 3.5 million by 2030, accounting for about a third of its global sales. By selling 8,584 electric vehicles (including Lexus) worldwide in April, Toyota crossed 1% of the global market in a single month for the first time, a significant milestone.

Toyota is making great strides in the electric vehicle industry and looks forward to playing a leading role in shaping the future of sustainable transportation with its high ambitions and focus on cutting-edge battery technology.

Source