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[BUSINESS] · China, Türkiye, Japan, United States, Brazil · 17 sources

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Toyota plans Corolla electrification and expands China EREV production

Toyota is preparing a major overhaul for the next generation of the Corolla, which will include a first-ever fully electric version alongside hybrid, plug-in hybrid, and combustion engine options. The new model is expected to utilize a modified TNGA-C platform and may adopt a liftback body style to streamline the lineup. The upcoming hybrid system is projected to be 10% to 20% more efficient than current iterations.

In China, Toyota is shifting its strategy to include extended-range electric vehicles (EREVs) to combat competition and changing government incentives. The company aims to produce 200,000 EREVs in China by 2027, with a target of 400,000 units by 2028. This move follows a period of increased pressure from domestic Chinese manufacturers.

Additionally, Toyota Otomotiv Sanayi Türkiye (TMMT) has reached a significant milestone, producing its 4 millionth vehicle at its Sakarya plant. The facility, a key hub for Toyota's European production, also celebrated 10 years of hybrid vehicle manufacturing.

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Akio Toyoda · China · Koji Sato · Sakarya · Toyota · Toyota Corolla · Toyota Otomotiv Sanayi Türkiye · Toyota Türkiye

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