Toyota looking to expedite its electric vehicles production plans
Electric vehicles (EVs) are highly popular all over the world and are the need of the hour given the dreadful situation of rising pollution across the globe. While Fuel cell vehicle (FCVs) and advanced hybrid cars are expected to change the face of the future mobility system, till now EVs are considered to be most feasible green cars and given the environmental situation, most of the auto majors are seriously considering expanding their EV range.
Electric vehicles (EVs) are highly popular all over the world and are the need of the hour given the dreadful situation of rising pollution across the globe. While Fuel cell vehicle (FCVs) and advanced hybrid cars are expected to change the face of the future mobility system, till now EVs are considered to be most feasible green cars and given the environmental situation, most of the auto majors are seriously considering expanding their EV range. The exception has been the world’s top selling car maker, Toyota Motors. Toyota was never in favor of EVs and has always been sticking to hybrids and FCV, however, the global trend has finally changed this Japanese car major’s decision, and Toyota is ready to really press the accelerator pedal on its massive EV plans.
Toyota is expected to start the mass production of its EVs by the year 2020, which seems to be very late for a global automotive industry that is brimming with innumerable advanced EV models. The Japanese auto major is forming an in-house venture which will concentrate only on electric vehicles. Toyota has justified its change of mind by saying that while it continues to focus on other green vehicles such as hybrids, plug-in hybrid and FCVs, it also needs to have an EV lineup to cater to the fast strengthening of regulations around the world which mandates more zero emission vehicles.
While most of the countries in the world are promoting the adoption of zero emission vehicles, the preferred green vehicles in various countries are different. EVs are thought to be the ultimate solution in China, while Japan is increasingly investing Fuel Cell technology. As Toyota already has a superior hold on the hybrid and FCV technologies, it is planning a new sister concern to concentrate on innovative solutions in the EV segment in order to have an all-round strong hold on the green car technologies.
The market experts believe that Toyota should accelerate its pace of EV development to ensure it is well prepared for more stringent automotive regulations in the near future and to ensure its top position in the global car industry.
Recent reports said that Toyota is already considering accelerating its EV production process to release the products in the global markets sooner. The car major is trying to create a structure to ensure the commercialization of its EVs earlier than originally planned in order to have more cars in its range with zero emissions. As Japan’s focus is on the fuel cell technology, Toyota has already mastered the development process of the FCVs and its Mirai FCV is already selling in the market.
FCVs are actually the best green cars possible with superb cruising range, no charging time, conventional car like refueling time (around 3 minutes) and absolute zero emission and environment friendly nature. However, the hydrogen refueling infrastructure is still in the nascent stage, which is a primary disadvantage. Also outside Japan, there are several countries which prefer EVs as the most practical green car and thus, Toyota really need to produce ample amount of EVs to ensure continued great sales globally.;
ABOUT THE AUTHOR
Mahesh is a fan of compact, quirky and underrated vehicles that punch above their weight. Multix, Nano, Strom R3 and Navi are his favorites.