Toyota has always been in the front line, when it comes to technologically advance vehicles, well adapted to environment and user needs. This time Toyota wants to introduce electric vehicles. The Toyota electric vehicles will make their debut by 2020 and would be initially launched in china. They have established a great market for hybrid vehicles and now a move toward electric vehicles is their prospective strategy.
Chinese government acknowledges the importance of green vehicles. And also, compensate by means of substantial subsidies and other initiatives that encourage their manufacturing and use. It will serve as an impetus to attract similar innovations to sustain environment.
Toyota motor corporation has also planned to launch, fuel cell, hybrid or electrical versions of the their models by 2025. And with the launch in china they will explore others venues as well. Like India, US, Europe and Japan.
Shigeki Terashi, executive vice president of Toyota also told that ‘Panasonic’ Japanese electronics giant has been taken on board for mutual battery business. This will strengthen their ties with Japanese based corporation.
Electrical vehicles are dependant on batteries and therefore with advance batteries Toyota electric motors can achieve great feat. And for this purpose they must ensure sustainable use, recycle and reuse lithium i.e. the main element in these batteries and also very expensive.
With the present stats of ten million vehicle turn over, Toyota has set the goal to sale 5500000 electric vehicles by 2030.
The new race has already begun and motor vehicle giants are already shifting their weights to compete with all their efficient means. Nissan, Honda and Volkswagen AG are in pursuit of making and offering electric versions.
The use of computer chips and robots as the part of next generation shift to advance technology. Toyota is keenly adapting to the future needs of innovation and sustainable developments. And rather than acquiring the expertise, men and material from outside, they are working on it themselves.