Toyota Motor Corporation announced its plans regarding the mass adoption of electrified vehicles for the decade 2020-2030. Toyota’s electrified vehicle strategy centers on a significant acceleration in the development and launch plans of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery-electric vehicles (BEVs), and fuel-cell electric vehicles (FCEVs). By around 2030, Toyota aims to have annual sales of more than 5.5 million electrified vehicles—including more than 1 million zero-emission vehicles (BEVs, FCEVs). Additionally, by around 2025, every model in the Toyota and Lexus line-up around the world will be available either as a dedicated electrified model or have an electrified option. This will be achieved by increasing the number of dedicated HEV, PHEV, BEV, and FCEV models and […]