Toyota's annual global electrified vehicle sales could reach 5.5 million by 2025

Toyota sold more than 10 million vehicles globally last year, including around 2 million electrified vehicles.
By : Reuters
| Updated on: 29 Sep 2020, 01:12 PM
Toyota Motor's new logo and visual identity for Europe
Toyota Motor's new logo and visual identity for Europe
Toyota Motor's new logo and visual identity for Europe
Toyota Motor's new logo and visual identity for Europe

Toyota Motor Corp's annual global sales of electrified vehicles could reach 5.5 million in 2025, five years earlier than initially planned, a senior company executive said at an industry conference on Tuesday.

Toyota in 2017 had announced a plan to sell 5.5 million electrified vehicles, including 4.5 million of hybrid and plug-in hybrid vehicles and 1 million electric and hydrogen fuel-cell vehicles, by 2030.

(Also read: Toyota says taxation, regulation need to run parallelly for creating demand)

Seiya Nakao, chairman and president of Toyota China's engineering and manufacturing, said auto electrification was progressing faster than expected and the top Japanese automaker thinks it can reach the target sooner.

Similar Cars

Find More Cars
Hyundai Kona Electric (HT Auto photo)
Hyundai Kona Electric
cc | Electric | Automatic
₹23.79 - 23.98 Lakhs**Ex-showroom price
Toyota Glanza (HT Auto photo)
Toyota Glanza
1197 cc | Petrol | Manual | 21.01 kmpl
₹7.18 - 9.45 Lakhs**Ex-showroom price
Toyota Hyryder (HT Auto photo)
UPCOMING
Toyota Hyryder
Electric
₹8 - 12 Lakhs* *Expected Price
Toyota Urban Cruiser (HT Auto photo)
Toyota Urban Cruiser
1462 cc | Petrol | Manual | 17.03 kmpl
₹8.5 - 11.4 Lakhs**Ex-showroom price
Toyota Yaris (HT Auto photo)
Toyota Yaris
1496 cc | Petrol | Manual | 17.1 kmpl
₹9.16 - 14.69 Lakhs**Ex-showroom price
Toyota Belta (HT Auto photo)
UPCOMING
Toyota Belta
1462 cc | Petrol | Manual
₹10 Lakhs *Expected Price

A China-based Toyota spokesman said 2025 was not a formal company target now.

Toyota sold more than 10 million vehicles globally last year, including around 2 million electrified vehicles.

First Published Date: 29 Sep 2020, 01:11 PM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city