Toyota’s electric vehicle strategy
Automotive Manufacturing Solutions magazine asked me to write an in-depth article about Toyota’s electric car plans.
Until late 2016 the Japanese company positioned battery electric vehicles as a niche for low-range, low-capability roles, with hybrid vehicles and hydrogen fuel cell cars seen as the future solution for mainstream use. That stance was overturned when the company established a new electric car division under the direct leadership of Toyota president and CEO Akio Toyoda.
Key quote
“When it comes to alternative powertrains, it’s not so much about who gets there fast but who makes it the best”
Akio Toyoda, president and CEO, Toyota