Toyota Motor's new president, Koji Sato made his first public speech in a live-streamed news conference and said that they would debut ten new electric vehicle models, as reported by Nikkei Asia.
Toyota is falling behind in the EV game, but with the reshuffled management, it seems that they're now ready to ramp up the production of EVs. The automaker will take into consideration the energy situation of each region and pursue diverse options for vehicles.
Ten New EVs
Toyota will release ten new models of EVs by 2026, which would amount to around 1.5 million vehicles in sales every year. The automaker will speed up the development of battery-powered electric vehicles, starting with its luxury brand, Lexus. It can be recalled that in March, Lexus launched its first globally available battery-powered model, the RZ, in Japan.
Also read: Toyota Recalls 1.6 Million Vehicles Over Faulty Brakes
The Rise of Electric Vehicles Today
Electric vehicles (EVs) are becoming more popular than ever before, with sales increasing rapidly in recent years. As concerns over climate change and air pollution continue to grow, many people are turning to electric vehicles as a more environmentally friendly alternative to traditional gasoline-powered cars.
One of the primary reasons for the rise of electric vehicles is the environmental benefits they offer. EVs produce zero emissions, which means they do not contribute to air pollution or greenhouse gas emissions. This is particularly important in urban areas, where air pollution can have a significant impact on public health.
As governments around the world implement stricter regulations on emissions, many car manufacturers are turning to electric vehicles as a way to meet these requirements. In some cases, governments are also offering incentives to encourage people to switch to electric vehicles, such as tax credits or rebates.
Another reason for the rise of electric vehicles is the rapid improvement in technology. As battery technology continues to improve, electric vehicles are becoming more affordable and have longer ranges. This is making them more practical for everyday use, as people are no longer limited by the range of the vehicle or the need to constantly recharge it.
In addition, electric vehicles are becoming more stylish and technologically advanced. Many EVs now come with features such as touchscreens, advanced driver assistance systems, and even autonomous driving capabilities.
As the popularity of electric vehicles continues to grow, there is also a need for infrastructure to support them. This includes charging stations, which allow drivers to recharge their vehicles while they are out and about. Governments and private companies are working to install more charging stations in urban areas, on highways, and in other locations where people are likely to need them.
In addition, there is a growing market for home charging stations, which allow people to charge their electric vehicles overnight. This is particularly convenient for people who have a long commute or need to travel frequently.
While there are still some challenges to overcome, such as the need for more charging stations and the higher cost of EVs compared to traditional cars, the benefits of electric vehicles are clear.
They offer a more sustainable and environmentally friendly way to travel, and they are becoming more practical and convenient for everyday use. As a result, the rise of electric vehicles is likely to continue, and we can expect to see more EVs on the roads in the years to come.
Related article: Tesla To Open 7,500 Chargers in the US to Other Electric Vehicles
