Toyota forced into electric car u-turn in China
Toyota has long held out against producing an all-electric car, looking to hydrogen powered vehicles instead but policy changes in China mean it now has to produce an electric car.
POLICY CHANGES IN China mean that Toyota has to look to the production of an all-electric car, likely by 2020 because car makers will now be expected to sell an increasing number of electric or plug-in hybrid cars.
Next year eight per cent of cars a car maker sells in China will need to be electric or plug-in hybrid, growing to 10% in 2019 and 12% in 2020. According to reports out of China, that county’s policy makers see Toyota’s hybrid fleet as no more than petrol-powered vehicles.
While other car makers have been pushing headlong towards electric cars, Toyota has held out, thinking/hoping its hybrid vehicles would be a stop gap until hydrogen powered cars became the norm (until the infrastructure caught up).
Indeed, in 2014, Toyota launched its hydrogen-powered Mirai (read our review by following the link).
At the recent Shanghai Motor Show, Toyota executives spoke about how the company would push sales of plug-in hybrid cars in China in the next couple of years and that an all-electric car would go on-sale in that country too, but no timeframe was set.
Question: Could China be the country that fast forwards the move to electric cars?