Hybrid leader Toyota turns on electrics

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Toyota, which pioneered hybrid cars, unveiled Monday plans for its first global line-up of battery electric vehicles as other carmakers have pulled ahead in electrification.

The Japanese automaker announced at the Shanghai motor show its future bZ line, or Beyond Zero, which should see seven models hitting showroom floors by 2025.

The first bZ model, an SUV whose characteristics and price were not disclosed, should reach consumers in just over a year. The automaker has only a handful of battery electric vehicles on sale outside of China, including the ProAce small van and the ultra-compact C+pod. But with progress in battery technology that has expanded the range of vehicles, the construction of more charging stations and public subsidies, sales of electric vehicles has increased. 10 percent of sales by 2025 Toyota now believes that it can no longer do without a complete range of vehicles that includes hybrids, battery electric and hydrogen fuel cell vehicles.

The high level of hybrids and electrics in its vehicle mix should allow Toyota to beat European pollution norms, which would allow it to sell some emissions allocations, according to Harrison.

 

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