Toyota Motor has announced its intention to start producing pure electric vehicles (EVs) in 2026 and to enter the global market for such vehicles. The BEV Factory, a newly established branch of Toyota that specializes in electric cars, will create and develop these EVs. The high-performance lithium-ion battery that will be used as the next-generation battery can provide a range of up to 1,000 kilometres after just 20 minutes of charging.
Toyota is also aggressively developing all-solid-state batteries for its EVs, with the goal of commercializing this technology by 2027-2028. The solid-state batteries are expected to have a range of more than 1,200 kilometers and a charging time of about 10 minutes.
In a demonstration video, Toyota Motor Division President Takero Kato said that the company hopes to develop an electric car with a range of 1,000 kilometers. By comparison, the long-range Tesla Model 3 now has a range of around 700 kilometers.
“What we want to achieve is to change the future with BEVs,” Takero Kato, president of new Toyota EV unit BEV Factory, said in a video posted on the manufacturer’s YouTube channel today (Tuesday, June 13).
“We will launch the next-generation battery EVs globally and as a full line-up on the market from 2026,” Kato said.
Toyota aims to sell 1.5 million electric vehicles a year by 2026 and 3.5 million by 2030, accounting for about a third of its global sales. By selling 8,584 electric vehicles (including Lexus) worldwide in April, Toyota exceeded 1% of the global market in a single month for the first time, marking a significant milestone.
Toyota is making great strides in the electric vehicle industry and hopes to play a leading role in shaping the future of sustainable transportation through its high ambitions and focus on cutting-edge battery technology.
