Toyota unveiled a new approach to profitability in terms of electric vehicles.
The Japanese company intends to share its new platform with other brands such as Mazda, Subaru, and Suzuki. What is the end goal? Spending less money means flooding the market.
Toyota bZ compact SUV concept:
Toyota reminded everyone that, despite its lack of knowledge about electric vehicles, it managed to make him forget. The Japanese company specifically stated that it was a mistake for all manufacturers to exclusively provide this engine. This failed to persuade Brussels to reconsider its plans, and the sale of thermal models in Europe may be prohibited beginning in 2035.
The manufacturer, who had attempted to demonstrate why electric was not a viable option, was compelled to do so by the facts. So, because it has already secured its first zero-emission vehicle, the bZ4X. Things have gotten worse since his new supervisor, Koji Sato, took over for Akio Toyoda.
The manager intends to expand the electric line and expects to offer an electric range with a range of 1 500 kilometres per charge. Thanks to strong battery technology, charging should just take ten minutes on a fast terminal. A really ambitious project that will undoubtedly cost additional money.
However, the Asian corporation has already discovered ways to cut costs or make them profitable. Finally, it was described on the incredibly serious Automotive News website, where they discuss Toyota’s approach to electrification. According to Tesla, the business would also simplify its vehicles based on its production method.
An idea most likely inspired by the Model Y, which Japanese engineers praised as a work of art. What is the goal? Reduce the cost of manufacturing a vehicle as well as the cost of what they do for future vehicles. However, it also intends to form and strengthen alliances with other brands in order to share its knowledge and innovations.
Toyota intends to create an entirely new chassis for its electric vehicles, which will see the light of day in 2026. Not only for the brand, but also for a few others, like Subaru. This is hardly a novel idea, given that the Solterra is already the technological relative of the bZ4X. It, like Suzuki and Daihatsu and Isuzu, should benefit from this technological foundation.
There is a decent method for Volkswagen to make their investment in this platform profitable. Similarly, the latter reduces its EMB base in all flavours and isn’t far from the ID.4, also in its Audi Q4 e-tron or Skoda Enyaq. This lowers the expense of developing technologies that are tailored to each model. This technique has also been identified in the Stellantis group.
For the time being, we don’t know if this is the only platform Toyota will share with its partners. That is most likely also true in the automotive and battery industries. The Peugeot e-208’s new 500-HP electric block is also found under the hood of the Jeep Avenger and other E-Tense models, causing some production issues for the demand.
Toyota intends to expand its electric line and is working on the release of new models using PPM (lithium iron phosphate) batteries, which allow for a 20-cent rise in full autonomy. The price of a nickel battery will also be cheap by 2027, helping the brand compete with Tesla. The hybrid isn’t forgotten, but the manufacturer is making spectacular autonomous statements that aren’t necessary for good reason.