Toyota Plans To Present Six EV Models In 2026 In Europe

FT-Se, one of the Battery Electric Vehicle (BEV) models from Toyota. (Doc. Toyota Europe)

Toyota has reiterated its commitment to delivering more emission-free vehicles by announcing that it will add six models of Battery Electric Vehicle (BEV) in Europe in 2026.

The world's largest automotive company hopes the BEV segment can generate more than 20 percent of new car sales on the blue continent that year with an estimated sales of 250,000 units of vehicles annually.

Reporting from Reuters on Monday, December 4, Toyota has showcased two new concept models that are planned to be sold in the region by the end of the decade. One of them is a small SUV concept model planned to launch in Europe by 2024.

Then, other models such as the sport-style crossover concept are scheduled to be launched in 2025 in Europe. The Japanese manufacturer targets the global sale of 1.5 million BEV units by 2026.

The company is optimistic that the growth trend of electric vehicles in Europe is increasing rapidly. EV car sales in the European Union (EU) rose more than half in the first ten months of this year compared to the same period the previous year, according to the European Automobile Manufacturers Association.

Data shows that Toyota has the fifth-largest total car market share in the EU for 10 months to October, with its market share slightly down from the previous year to just under 7 percent.

Accompanied by the electrification segment, the manufacturer will also establish a hydrogen business unit in Europe as a form of its commitment to developing fuel cell systems and reducing zero emissions. To date, they have sold 3,500 units of Fuel-Cell Vehicle (FCV) vehicles globally in ten months this year.