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Toyota To Launch Electric Car In India — Here Are The Details
Toyota electric car India launch by 2020
Japanese carmaker Toyota today announced that it would launch more than ten electric vehicles (EVs) by early 2020s. The first country to start receiving the EVs will be China, along with India, the US and the European markets.
Toyota said it is looking to sell more than 5.5 million electric vehicles, including more than 1 million battery-powered EVs, and fuel cell EVs, by 2030.
The company announcing its 2020-2030 plans said its strategy would revolve around in the development and launch of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), BEVs and FCEVs. The electrification will be across its entire product lineup including that of Lexus brand.
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"Toyota will accelerate the popularisation of BEVs with more than 10 BEV models to be available worldwide by the early 2020s, starting in China, before entering other markets - the gradual introduction to Japan, India, the United States and Europe is expected," the company said in a statement.
Toyota Motor Corp. also said that around 2025, all model of Toyota and Lexus line-ups will be available either as fully electric or have an electrified option around the world.
"This will be achieved by increasing the number of dedicated HEV, PHEV, BEV, and FCEV models and by generalising the availability of HEV, PHEV and/or BEV options to all its models," it added. It also added that no models would be available without an electrified version.
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The announcement comes in the backdrop of the Toyota and Suzuki collaboration to introduce EVs in India by 2020. With India's ambitious plan of moving to the electric fleet by 2030, companies which are already present in the country are pushing ahead with electrification.