Toyota will start producing electric cars in Europe from 2028
Toyota will start producing electric cars in Europe from 2028. The first model will be an electric crossover, which will be assembled at the Toyota Motor Manufacturing Czech Republic (TMMCZ) plant in Kolin (Czech Republic). This is reported by the Japanese edition of Nikkei.
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The project involves the production of about 100,000 electric cars per year. This will be the first in the history of Toyota line for the production of electric cars in Europe.
The said electric crossover will be part of Toyota's growing line of electric cars, which by 2026 will have 14 models on the European market. These include a new version of the C-HR+ crossover and the updated bZ4X.
According to the Nikkei, less than 2% of Toyota's current sales are electric vehicles, making European localisation strategically important. In the long term, the automaker expects to achieve carbon neutrality in Europe by 2035.
Earlier, Toyota announced plans to triple its global electric car lineup by 2027 and increase global EV production to one million vehicles per year. However, in 2024, the company adjusted plans - production of the large three-row SUV in the US was postponed and the forecast for 2026 was reduced to 800,000 units.
Localisation in Europe is seen as a way to improve cost efficiency, reduce emissions on logistics and adapt to EU environmental restrictions - including CO₂ standards and the upcoming Euro 7 standard.
The TMMCZ plant was founded in 2002 as a joint venture between Toyota and PSA under the name TPCA. Since 2021, the plant is wholly owned by Toyota and produces the Aygo X and Yaris models.
Source: Nikkei