Toyota plans to invest ~$70 billion globally in electrified vehicles.
Toyota President Akio Toyoda announced today in Japan that the company will roll out 30 Battery Electric Vehicles and is anticipating sales of 3.5 million BEVs globally by 2030. The Lexus brand aims to have BEVs account for 100% of total sales in Europe, North America, and China by 2030, which given the current regulatory pace is the price of survival for all major automakers. Toyota Motor overall will offer a full lineup of battery EVs in the passenger and commercial segments. (EU Gets Tougher on Climate Change – Wants All EVs by 2035; Climate Change Car Wars – GM to Reach 100% Renewable Energy in 2025)
This is a sweeping claim, emulating GM’s breakthrough EV announcement in January, is by a giant company that sells more than 100 models of engine-only vehicles, hybrid electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles in more than 170 countries and regions under the Toyota brand. The Lexus brand has more than 30 models of engine-only vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles in more than 90 countries and regions. (Environmental About Face – General Motors Ditching Internal Combustion Engines by 2035. Carbon Neutral by 2040?) Continue reading
GMC Teases Electric Sierra Denali Pickup
Well?
GMC gave a glimpse of its upcoming all-electric Sierra pickup truck today, previewing the truck’s unique exterior lighting, which looks to AutoInformed to be thoroughly mainstream or the LED lighting of luxury vehicles for years now. The electric Sierra will launch in the expensive Denali trim. It will be the third all-electric vehicle in GMC’s portfolio after the GMC HUMMER EV ‘supertruck’ and GMC HUMMER SUV. (read AutoInformed.com on GMC Adds Hummer SUV EV. Direct Selling Without Dealers?)
Ford Motor is clearly leading GM in the electric pickup track race so far with the sold-out (for years?) Lightning EV pickup. Furthermore, an all-electric 2022 F-150 Lightning Pro is due next year with a platform that adds the means to improve productivity and reduce operating costs will start at $39,974 with standard battery and dual motor power 4×4 targeting 426 horsepower and an EPA-estimated 230 miles of range. The more useful extended-range version hopes to claim 563 horsepower and an EPA-estimated range of 300 miles. It starts at an MSRP of $49,974. (read AutoInformed on EV Pickup! Ford is Betting Lightning Can Strike Twice, Ford Introduces All-Electric F-150 Lightning Pro – Bring Money) Continue reading →