Toyota has speeded up its vehicle electrification plan and is looking to sell 30,000 fuel cell vehicles and 7 million hybrid cars by 2020. The plan is part of the company’s initiative to reduce carbon emissions in order to promote greener surroundings.
The Toyota Environmental Challenge 2050 will help reduce CO2 footprints from the automaker’s fleet and manufacturing plants. In addition, Toyota is looking at a carbon-emission slash of almost 90% from its new cars by 2050 as compared to the year 2010.
The accelerated plan announced recently targets Toyota’s objective to become a global clean vehicle leader in the market. As part of the plan, every Toyota and Lexus model will be either a pure electric vehicle or would be an electric variant by 2025. Toyota vehicle electrification means any vehicle run on batteries, hydrogen fuel cell or hybrid powertrains.
The Toyota’s plan is in line with the automaker’s sales targets of rolling out 5.5 million electric vehicles by 2030 including its objective to sell 1.0 million zero-emission battery powered and hydrogen fuel-cell vehicles.
The company is also working to manufacture 10 battery powered electric vehicles by early 2020 as well as enhance its fuel cell and plug-in hybrid offerings. To meet the growing needs of car batteries, Toyota has recently teamed up with Panasonic.