Toyota Shows The Teaser of Its Second EV and Will Unveil It This Fall

From Torque News.

Toyota is set to unveil the concept versions of its next-generation electric vehicle at the Japan Mobility Show in the autumn. The vehicle is scheduled to debut in 2026 and is expected to be a sleek and sporty offering based on a teaser image. The new EV is critical to Toyota’s efforts to boost its competitiveness in the rapidly expanding field of worldwide electric vehicle rivals. Toyota is investing an additional $7.44 billion into EV development and production through the end of the decade, bringing its total commitment to $37.19 billion in the period.

The company’s CEO, Koji Sato, detailed the plans Wednesday, stating that the driving themes for the EVs will be “greater efficiency” and designs that “set hearts racing.” The concept cars will be displayed at the Japan Mobility Show, the new name for what used to be called the Tokyo auto show, which runs from October 26th to November 5th in Tokyo. Chief Technology Officer Hiroki Nakajima said, “Rather than explaining in words, we thought it was much better to have you see the concept models and give us your feedback.”

Toyota is moving fast to up its game, spurred into action by Tesla Inc. and the aggressive adoption of EVs in China. Sato unveiled Toyota’s newly named in-house EV development center, called the “BEV Factory.” It will be a siloed, laser-focused operation charged with reinventing Toyota’s approach to EVs on everything from chassis and software to batteries and production. Toyota says the new dedicated EV architecture will enable its future EVs to double their range, thanks to more efficient battery use, and require half the investment and development resources.

Toyota is now rethinking its entire manufacturing approach for EVs, and among the possible goals outlined by Nakajima was halving the length of assembly lines. Toyota’s first stage comprises the rollout of all its EVs currently on the market, including such nameplates as the bZ4X crossover. From now, Toyota enters the second phase, when it will quickly incorporate learnings and improvements from those EVs into forthcoming model introductions. The third phase kicks off in 2026 with the next-generation EVs, which will get a completely new EV platform along with its Arene software system for cars.

#toyota #toyotaev

This is Armen Hareyan from Torque News. Please follow us at https://twitter.com/torquenewsauto on Twitter and https://www.torquenews.com/ for daily automotive news.

Reference
Hans Greimel of Automotive News https://www.autonews.com/cars-concepts/toyota-unveil-innovative-next-generation-ev