Toyota electric car plans is finally taking shape. Toyota is getting serious about tapping in the EV market, so serious that they appointed their its president to lead their newly formed electric car division. EV plans include having long range of autonomy and powerful performance.
A few weeks ago, Japanese newspaper Nikkei reveals Toyota electric car plans to to develop a complete new range of electric vehicles of high autonomy. Now, this news has been officially confirmed and things are getting serious as Akio Toyoda along with Executive Vice Presidents Mitsuhisa Kato and Shigeki Terashi will head Toyota electric car development.
Although in the last two decades, Toyota has developed and manufactured numerous electric models including the first - generation RAV4 until the last i-Road, these created very little impact in the brand and now Toyota just want to speed up on the electric vehicle market. Recent advances in the field of batteries, and above all large groups like Daimler and VAG creating their own sub-brands for their electric cars have been the initiative for Toyota, per Reuters.
Toyota electric car plans will begin to take shape before the year ends. To do this, Toyota will create a new company as yet unnamed, which initially will consist of 4 people and will have all available resources of Toyota and collaboration with Aisin Seiki, Denso Corporation and two companies belonging to the Toyota Group that specialized in transmissions and electronics, according to Fortune.
Toyota electric car is expected to debut by the end of the decade. A date where in other competitors such as Mercedes-Benz, Porsche, Volkswagen and fellow Japanese brand, Mazda, also target to launch their respective product lines if pure electric vehicles. It is reported that the next generation of the Toyota Aygo will be the first electric vehicle of Toyota. Expect long range as much as 15 percent longer than the EVs already in the market.