Toyota recently revealed that they are planning to launch at least 8-10 electric vehicles all over the world by 2020. The Japanese automaker has also listed India as a significant market for its EV development. India is grouped with China, USA and some European countries to be one of the first markets to receive EVs from Toyota.
The electric vehicles arriving in India will also carry the Lexus badge. This move comes because of the Indian government’s rule to convert to electric vehicles by 2030. Many major automakers are planning to the bring EVs here.
On the other hand, home-grown automakers like Mahindra and Tata have already introduced EVs, and are planning on launching more in the future. Coming back to Toyota, the company said in a statement that it is willing to sell more than 5.5 million fuel cell EVs (FCEV) by 2030. This will also include more than 1 million Battery Electric Vehicles (BEV).
Fuel-cell electric vehicles range is expected to cover both passenger and commercial vehicles in the future. Toyota has agreed with another Japanese Major Suzuki Motors Corporation (SMC) to introduce EVs in India by 2020. So, there is a big chance of seeing EVs from the Maruti Suzuki stable as well in the near future.
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