Toyota announces full-year financial results for the fiscal year ending March 2023 “BEV created by a car manufacturer” A next-generation battery EV that is completely different from the past will also be launched in 2026
Toyota Motor Corporation announced its full-year financial results for the fiscal year ending March 2023 on May 10, 2023. President Tsuneharu Sato announced that the company will introduce 10 battery EV models in the future. He also revealed that he is developing it in a dedicated organization.
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Toyota to launch 10 new models by 2026
Developed by an all-one team that handles all aspects of “development, production, and business” under one leader. The foundation is to fully support the new organization with the competitiveness we have honed through our 10,000,000 unit development unit, which has been reduced by half thanks to the effects of TNGA, and through investment in in-house production.
We are currently expanding our lineup and will launch 10 new models by 2026, with annual sales reaching 1.5 million units. A completely different next-generation battery EV created by a car manufacturer will also be released in 2026. We will be announcing a truly next-generation battery EV that uses batteries to the utmost efficiency, doubles the cruising range, and combines impressive driving performance and design.