Toyota to market next-gen battery EVs from 2026 built by new EV unit

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Toyota Motor said it will introduce battery electric vehicles (EVs) employing next-generation batteries globally from 2026, developed and manufactured by its new EV-focused unit BEV Factory.

A Toyota EV car is seen at the Bangkok International Motor Show in Bangkok, Thailand, March 30, 2022. REUTERS/Soe Zeya Tunsaid it will introduce battery electric vehicles employing next-generation batteries globally from 2026, developed and manufactured by its new EV-focused unit BEV Factory.

to sell 1.5 million EVs annually by 2026 and 3.5 million, or about one-third of its global volume, by 2030., including its Lexus brand, accounting for more than 1% of its global sales in a single month for the first time.

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