“You get an EV, you get an EV, you get an EV!” – While that may sound like a new Oprah show where all audience members get a new car for Christmas, it’s actually the sound of a new aggressive plan that Toyota has rolled out to introduce 30 new battery electric vehicles (BEVs) by 2030, in addition to making the full Lexus lineup all-electric by 2035.
I thought it was prudent to break away from our test drives and new-car previews to bring you a bit of automotive news fresh out of the mouths of our friends at Toyota who have made plans to spend as much as $70 billion overall on an electric push to take on Tesla and other forthcoming EV forces from other automakers.
Toyota, as the world’s biggest automaker, has set a wild goal of launching 30 new BEVs between now and 2030 that brings them to an ultimate goal of reaching 3.5 million global EV sales when this plan concludes.
Future Toyota EVs
To reach such a goal, Toyota plans to invest heavily in battery technology where they plan on spending between $4.4 billion and nearly $17.6 billion. Overall, Toyota is poised to spend $70 billion to electrify their lineup for both Toyota and Lexus!
As you may have noticed, the featured image here demonstrates the vast lineup of EVs that we could see come out of Toyota and Lexus in the upcoming few years. Don’t let the names confuse you, those are just a start to give each model something to identify it for the interim.
Future all-electric Lexus lineup
Yes, there’s also some sporty variations in the mix with full-on sports cars, which makes us
By: Malcolm Hogan
Title: Toyota & Lexus Get Serious About Electrification Unleashing 30 EV Models by 2030 & Full EV-Lexus by 2035
Sourced From: www.automotiveaddicts.com/75954/toyota-lexus-serious-about-electrification-30-ev-models-2030-full-ev-lexus-2035
Published Date: Tue, 14 Dec 2021 15:02:09 +0000
Did you miss our previous article…