Although words may be carried away by the wind, signs indicate that something has changed within Toyota. The Japanese giant, despite not abandoning its pursuit of popularizing the hydrogen car, will now also bet on the battery-powered electric car. And this is demonstrated by the production objectives that have just been published.
According to the Japanese newspaper Nikkei, Toyota plans to increase the annual production capacity of electric cars, which will go from just 190,000 units per year which they hope to achieve in 2024, to 600,000 units in 2025.
To achieve this, Toyota will rely on a combination of new manufacturing techniques, such as automated assembly lines and large-tonnage die-casting machines, with old-school ideas, such as manual polishing processes and lean production methods. All in the hope of compensating for its deficiencies in the electric car section.
It will also bet on its development of batteries, which, as we have seen in recent weeks, will allow it to have competitive cells capable of offering long ranges to its cars in the short term.
Batteries capable of offering their models ranges of 500 miles in 2026, which will subsequently increase to 620 miles. They are also working to be among the first to mass produce solid electrolyte batteries, which will mean another step forward in aspects such as weight reduction, greater safety, and autonomy, which will reach 745 miles with each charge.
The challenge is to have a production capacity that will rise to 1.5 million units in 2026, and continue climbing to 3.5 million units in 2030.
Of course, medium and long-term plans have the risk that they may clash with the evolution of the market, in a situation that has the variable of the unstoppable expansion of Tesla, and also the strong growth of Chinese groups.
Add that if Toyota’s objectives are met, in 2030 electric cars will occupy “barely” 30% of its sales, taking into account the total figures for 2022. An objective that clashes, for example, with its maximum rival, Volkswagen, which challenge has been set to have a global sales quota of 80% of electric cars in 2030, and 100% in 2033.