Toyota plans to increase sales of "green" cars in Europe by 2026

Japanese automaker Toyota Motor Corp. wants to increase the percentage of zero-emission vehicles in its European sales to more than 20% by 2026. This was stated in an interview with Nikkei by Yoshihiro Nakata, Director of Toyota Motor Europe, UNN reports.

Details

It is noted that Toyota has recently been stepping up its efforts to expand its lineup of battery-powered vehicles as part of its strategy to "offer a wide range of environmentally friendly vehicles and serve different energy situations around the world."

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In particular, Toyota plans to introduce six new models of electric cars for this purpose. The Japanese automaker also announced that it plans to achieve full carbon neutrality in production and logistics in Europe by 2040, which is 10 years earlier than the company plans to do so globally by 2050.

Compared to other regions, awareness of carbon neutrality [in Europe] is high. The actual demand for zero-emission vehicles (ZEVs) is also high 

Addendum

In 2022, Toyota sold about 1.08 million vehicles in Europe, which is about 10% of the company's total sales. This figure is expected to rise to 1.17 million units in 2023.

In particular, the UK, France, and the Czech Republic, where the company has its own plants, are likely to become candidates for local bases for electric vehicle production.

As a reminder,

automakers Toyota and Tesla are choosing new ways to improve the production process of electric vehicles. Recently, Tesla founder Elon Musk introduced a new production method called gigacasting.

At the same time, Toyota announced its technological breakthrough and intentions to gain a foothold in the US electric car market.