{"id":23732,"date":"2023-10-12T05:00:00","date_gmt":"2023-10-12T10:00:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=23732"},"modified":"2023-10-11T14:59:58","modified_gmt":"2023-10-11T19:59:58","slug":"toyota-plans-to-produce-600-thousand-electric-vehicles-by-2025","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/toyota-plans-to-produce-600-thousand-electric-vehicles-by-2025\/","title":{"rendered":"Toyota Plans to Produce 600 Thousand Electric Vehicles by 2025"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.toyota.com\/espanol\/corollacrosshybrid\/\"><strong>Toyota Motor<\/strong><\/a> has plans to increase production of<strong> electric vehicles<\/strong> (EV) under its Toyota and Lexus brands. According to a <a href=\"https:\/\/asia.nikkei.com\/Business\/Automobiles\/Toyota-gigacasting-prototype-cuts-production-from-hours-to-minutes\"><strong>report by Nikkei<\/strong><\/a>, the Japanese automaker aims to produce more than 600,000 units of electric vehicles per year by 2025.<\/p>\n\n\n\n<p>The brand set a target of <strong>selling 1.5 million electrified cars annually by 2026, with the goal of capturing around one-third of the current global EV market by 2030.<\/strong><\/p>\n\n\n\n<p>In 2020, the company sold fewer than 25,000 electric vehicles worldwide, including those of its luxury brand Lexus.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"766\" height=\"504\" src=\"https:\/\/latamobility.com\/wp-content\/uploads\/2023\/10\/TOYO-2.png\" alt=\"\" class=\"wp-image-23726\" srcset=\"https:\/\/latamobility.com\/wp-content\/uploads\/2023\/10\/TOYO-2.png 766w, https:\/\/latamobility.com\/wp-content\/uploads\/2023\/10\/TOYO-2-300x197.png 300w, https:\/\/latamobility.com\/wp-content\/uploads\/2023\/10\/TOYO-2-600x395.png 600w\" sizes=\"(max-width: 766px) 100vw, 766px\" \/><figcaption class=\"wp-element-caption\">Photo. Toyota.com<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-production-targets\"><strong>Production Targets<\/strong><\/h2>\n\n\n\n<p>In order to reach its production target, <strong>Toyota plans to start by manufacturing around 150,000 electric vehicles by 2023, with a subsequent ramp-up to approximately 190,000 cars per year.<\/strong><\/p>\n\n\n\n<p>This announcement marks a significant shift for <strong>Toyota<\/strong>, as the company has focused primarily on hybrid vehicles in its pursuit of alternative energy technologies.<\/p>\n\n\n\n<p><strong>Read also:<\/strong> <a href=\"https:\/\/latamobility.com\/en\/launch-of-electric-mobility-training-for-teachers-in-mexico\/\"><strong>Launch of Electric Mobility Training for Teachers in Mexico<\/strong><\/a><\/p>\n\n\n\n<p>By rapidly expanding its electric vehicle lineup, <strong>Toyota <\/strong>is looking to compete with other major automakers such as <strong>Tesla, Volkswagen and General Motors<\/strong>, all of which have already made substantial investments in the electric vehicle market.<\/p>\n\n\n\n<p>The brand plans to increase production of electric vehicles with <strong>the goal of exceeding 600,000 units per year by 2025<\/strong>. These efforts are aligned with the company&#8217;s long-term goal of becoming a major player in the global electric vehicle market.<br><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toyota Motor has plans to increase production of electric vehicles (EV) under its Toyota and Lexus brands. According to a report by Nikkei, the Japanese automaker aims to produce more than 600,000 units of electric vehicles per year by 2025. The brand set a target of selling 1.5 million electrified cars annually by 2026, with&#8230;<\/p>\n","protected":false},"author":8,"featured_media":23729,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[2054],"tags":[1564,1281,1489,2312],"class_list":["post-23732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-mobility","tag-electric-cars","tag-electric-mobility","tag-sustainability","tag-toyota-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.7 (Yoast SEO v23.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Toyota Plans to Produce 600 Thousand Electric Vehicles by 2025 - 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