Toyota Set to Introduce Three New Electrified Vehicles to U.S. Market

Toyota recently announced that it plans to bring three new electrified vehicle models to the U.S. market. Learn more about which types of vehicles will be offered and why Toyota’s commitment to alternative powertrain vehicles is so important.

Which Types of Vehicles Will Be Introduced?

Toyota became a pioneer of alternative fuel vehicles when the company introduced the Prius nearly 25 years ago. Today, it continues to lead the way with cutting-edge and innovative introductions. This includes three new electric vehicles. One will be a plug-in hybrid vehicle (PHEV) and two will be battery electric vehicles (BEV). These new electrified offerings will give you multiple powertrain and vehicle choices so you can easily find the one that best suits your needs.

They also help Toyota expand into the alternative powertrain market. Currently, the company has over 40% of the total market of alternative fuel vehicles. This includes 64% of the plug-in and hybrid vehicle market and 75% of the fuel cell market. By 2025, Toyota wants 40% of new vehicle sales to be electric models. Additionally, the company wants to increase those sales to nearly 70% by 2030.

PHEV Versus BEV

When Toyota announced the introduction of the three new electric vehicles, the company also shared internal research that evaluated the cost of ownership and environmental impact between PHEV and BEV options. The company found that PHEV and BEV models offer roughly the same on-road performance.

Researchers also found that producing PHEV models releases fewer greenhouse gases since they use smaller and lighter batteries. Additionally, while PHEV models tend to have a lower total cost of ownership when compared to BEV models, Toyota realizes that having multiple options of electric vehicles will make it easier for you to choose the model that works for you while also reducing greenhouse gas emissions.

Other Sustainability Actions

To date, Toyota estimates that its hybrid vehicles have helped prevent 139 million tons of greenhouse gases from being released into the atmosphere. However, offering more electric vehicle options isn’t the only step Toyota is taking to help fight climate change.

The company is also working toward achieving its Toyota Environmental Challenge 2050. These steps include conserving water, reducing carbon emissions, creating a sustainable supply chain that includes reducing waste, and protecting biodiversity. To meet these goals, the company is currently working to reduce overall water use for each vehicle produced by 3%. It’s also working to reduce carbon dioxide emissions from its operations and products.

The company recently agreed to purchase power from a wind farm to cut down on its overall carbon footprint. Toyota also wants to reduce how much plastic packaging material it uses by 25%. Additionally, the company is working toward developing a third-party on-site habitat management policy that it will begin implementing in 2022.

If you’re interested in getting a new electric vehicle, you can expect these latest models from Toyota to hit the market in 2022. In the meantime, you can also head to Toyota of Kingsport to check out the exciting alternative powertrain vehicles that we currently have available.

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