Electric vehicles: Toyota could become Tesla’s next big headache – by Jon LeSage (Oilprice.com/U.S.A. Today – December 23, 2018)

https://www.usatoday.com/

Toyota Motor Corp. is making a serious commitment to bringing electrified vehicles into its fleet. The move goes against the widely held perception that the Japanese automaker was taking a very different path than other global automakers striving to become “Tesla-competitive.”

Toyota announced on December 18 that it will be offering electric versions of every model of its vehicles by 2025, and hitting a target of selling 5.5 million electrified vehicles by 2030. That will include 1 million zero-emission vehicles — battery electric vehicles, and fuel cell vehicles similar to the Toyota Mirai.

By 2025, the automaker will have every Toyota and Lexus model available as a dedicated electrified vehicle, or it will have an electrified option available. Electrified options include all-electric, plug-in hybrid, fuel cell, or hybrid.

More than 10 battery electric vehicle models will be available worldwide by the early 2020s. Through the end of the 2020 decade, the plug-in hybrid lineup will be expanded.

Passenger and commercial fuel cell electric vehicles will be expanded during that time period. Hybrids will receive further development through the Toyota Hybrid System II.

For the rest of this article: https://www.usatoday.com/story/money/energy/2017/12/23/electric-vehicles-toyota-could-become-teslas-next-big-headache/977877001/

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