Toyota plans EV output in China as early as 2019, report says
Toyota Motor Corp. is expected to begin mass production of electric vehicles in China as early as 2019, the Asahi Shimbun daily reported on Saturday.
The model will be based on the C-HR subcompact crossover and manufactured for the Chinese market only, the newspaper said, without citing sources.
The pace of production will be determined by government regulations and subsidies, the report said, adding that annual output could start with more than several thousand units.
Toyota spokesman Ryo Sakai said: "We are going to introduce EVs in China with a few years. However, we don't talk about any future product plans."
China, eager to combat air pollution, is planning to set goals for electric and plug-in hybrid vehicles to make up at least a fifth of Chinese light-vehicle sales by 2025, with a staggered system of quotas beginning in 2018.
The model will be based on the C-HR subcompact crossover and manufactured for the Chinese market only, the newspaper said, without citing sources.
The pace of production will be determined by government regulations and subsidies, the report said, adding that annual output could start with more than several thousand units.
Toyota spokesman Ryo Sakai said: "We are going to introduce EVs in China with a few years. However, we don't talk about any future product plans."
China, eager to combat air pollution, is planning to set goals for electric and plug-in hybrid vehicles to make up at least a fifth of Chinese light-vehicle sales by 2025, with a staggered system of quotas beginning in 2018.
