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Browsing the "Shigeki Terashi" Tag

Toyota Plans To Lose To Tesla — Just 1 Million Electric Vehicles By 2025

June 8th, 2019 | by Dr. Maximilian Holland

Toyota recently announced it is advancing its existing EV roadmap by 5 years. Instead of selling 1 million fully electric vehicles (BEVs), cumulatively, by 2030, the target year is now 2025. Tesla, meanwhile, will reach a 1 million BEVs sometime in early to mid 2020, at least 5 years ahead of Toyota. Even Volkswagen expects to reach that goal in late 2021. Toyota is essentially admitting defeat at this point



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