Toyota To Bring 10 EVs To Market In 2020 - Currently Offers None

Toyota Motor Corp., facing a “now or never” crisis as it confronts a rapidly changing industry, is suddenly plunging into the electric vehicle race with plans to roll out more than 10 EVs worldwide by the early 2020s.

Toyota, which currently doesn’t offer a single EV nameplate, said it would introduce the first EV in China and then gradually introduce them in Japan, India, the U.S. and Europe.

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TomM - 12/19/2017 6:21:22 AM

0 Boost

2020 appears to be the year that there will be LOTS of choices on the market for EVs from many manufacturers.

SO - How many will make them to look like a regular car - instead of like a Hot WHeels toy? I would suspect that the pricing will come in near $40,000 for most - and by then - few $7500 tax credits will be left standing for Tesla - but might be available for others. Will that mean people will follow the money?

MDarringer - 12/19/2017 8:37:47 AM

+1 Boost

If this deluge of EVs happens--given that EVs are still a tiny fraction of the market--there will be a glut and these greenmobiles will have money on the hood to get rid of them.