Toyota Near Irvine Announces A New Electric Vehicle Plant

Toyota is determined to saturate the American market with electric vehicles, so much so that the Japanese automaker has just announced plans that it will construct a new electric vehicle plant in collaboration with the First Automobile Works (FAW) in Tianjin, China. Representatives at Toyota near Irvine inform us that the two companies will invest around $1.22 billion in this project. 
 

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What Will The New EV Plant Yield? 

 

According to documents held by the Toyota dealer near Irvine, the EV plant will have an annual production capacity of 200,000 units in the city’s Binhai New Area. 

Toyota has joined with battery maker Contemporary Amperex Technology Co. and electric vehicle maker BYD Co., which are both companies from China. They are interested in assembling electric vehicles in the world’s largest market for them. 

What Does The Chinese Government Feel About This Venture? 

Based on information from the Toyota near Irvine, the Chinese government has supported the development of new energy vehicles, not to mention pure electric, plug-in hybrid, and fuel cell vehicles.

New vehicle sales in China plummeted for the second consecutive year in 2019, but Toyota’s sales there increased by 9 percent from the previous year to 1.62 million units, surpassing those in Japan for the first time. 

Are These The First Battery Electric Vehicles for China? 

 

This news coincides with an announcement made last April that Toyota premiered its C-HR and IZOA battery electric vehicles to launch in China under the Toyota brand. These new models are expected to go on sale in the beginning of this year.

Toyota is the world's largest carmaker and is ahead of the curve. The Japanese car manufacturer has so far been very successful in China and boasts three plants in the Chinese mainland and another one in Guangzhou. Due to the fact that the Chinese government has been encouraging automakers to produce electric and hybrid cars in the country, it seems that Toyota is making just the right moves.

An increasing number of carmakers across the globe are investing in the progress of electric vehicles and Toyota is no exception. Toyota is also increasing manufacturing capacity in its Guangzhou facility, where it has a partnership with GAC and makes the Camry, C-HR, Highlander, Levin, Wildlander, Yaris models. Surprisingly, even though China's car market decreased by 8.2% in 2019, Toyota sold 1.62 billion Toyota and premium Lexus cars in China, observing a jump of 9% in year-over-year sales.

How Many EV Vehicles Will Launch?

 

US customers at Toyota near Irvine might be surprised to learn that Toyota plans to bring out more than 10 pure EV models around the world during the first half of the 2020s. At the moment, Toyota sells plug-in hybrid electric vehicle versions of its Corolla and Levin models in China.

“Like all automakers in China, Toyota must produce zero- or low-emission vehicles to meet China’s ZEV credit requirements, which are expected to get much stiffer starting in 2021,” explained Alysha Webb, a contributing analyst at Wards Intelligence who studies China’s EV market, “So this news makes sense.”

What Do Car Enthusiasts Say?

Car enthusiasts do not expect to see any of these Toyota EVs in the United States. This is because Toyota is a massive supporter of conventional no-plug hybrids and fuel-cell vehicles, but not necessarily pure EVs. Nevertheless, they are interested to see what Toyota produces, even if they are just doing it for the sake of conforming to China’s standards. 

In December, Toyota made it widely known that its possible fourth EV for Europe could come in the form of a battery-electric minicar. 

Car enthusiasts believe that the announcement regarding the plant in Tianjin, or any EV from Toyota for that matter, may alter the global landscape. China’s incentives and mandates support Toyota’s EV efforts. The Japanese car manufacturer is adhering to Bejing’s standards to make and sell EVs, as well as plug-in hybrids, gas hybrids, and fuel-cell vehicles.

By 2025, Toyota near Irvine says the company plans to introduce fuel-cell-enabled SUVs, pickups, and commercial trucks, which speaks volumes.

Japan Will Debut The Tiniest EV Vehicle At The 2020 Olympics?

Speaking of electric vehicles, Japan will be hosting the world’s greenest summer Olympics in Tokyo. Toyota is the official fleet provider for the 2020 Games and is also the nation’s flagship car company.

Furthermore, Toyota announced way back in August that 90 percent of the vehicles it is planning to provide the Olympic games will be “electrified”.

Although many of the vehicles involved will be shuttle buses, last October the company debuted some of the more extraordinary vehicles at the Tokyo Motor Show, which range from enclosed motorcycles to wheelchair attachments. The Japanese car manufacturer predicts that these types of vehicles will be less flashy means of electric transportation. 

Despite the fact that Toyota has been a market leader in the hybrid market for several years, the auto company is working steadily to be equal to its rivals in the EV game. Since the Prius has become a staple in garages across America and the world, the company has taken its time to replace more combustion engines with batteries. 

At this point, only time will tell how far Toyota will go when it comes to dominating the EV market. People are excited to see the Japanese car maker’s ten new EV models that are due to come out in 2020, and the company promises to create electric versions of all its models by 2025.  

Further down the line, the car company anticipates an interchangeable ecosystem of batteries, motors, and structural components that can be resized and recombined across different vehicles. This has gotten many of us very excited!

 

 
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