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Watch out world, the BEV camp in Toyota is unleashed

POSTED BY Yamin Vong ON 08 June 2019

 

Some good news for Malaysia if the speculation is true that Malaysia’s third national car will be an electric vehicle from Toyota.

Yesterday at a Toyota Motor Corporation press conference in Japan, its executive vice president said that the company would launch a deep range of electric vehicles worldwide starting next year in China.

We’re rolling out our battery electric vehicle (BEV) programme five years ahead of schedule, Shigeki Terashi said in Japanese, with a simultaneous rendering in English by a translator and with captions on the video.

The first two BEVs will be launched in China — the C-HR and IZOA which were premiered in April at Auto Shanghai 2019.

For the other parts of the world, it will start with ultra-compact BEVs, two-seater cars the size of Smart for Two. Ultra-compacts with a 100 km range are small potatoes for TMC, considering its depth of experience in electric forklift trucks and its 20-year lead in the battery electric hybrid, the Prius.

He assured the international media especially the automotive press that TMC still held strongly to its view that the Fuel Cell Vehicle was the ultimate destination for electric vehicle. It’s just that FCVs like its Toyota FCV model, the Mirai, will take longer to be popular because hydrogen fueling infrastructure and renewable energy sources are at their infancy.

However, he warned that a worldwide shortage of batteries for BEVs was shaping up.

Therefore, despite its primacy as a battery manufacturer for the hybrid Toyota, it will be tying up with more battery makers in addition to Panasonic.

Going forward, it plans to work with the leading battery makers from China including BYD and Contemporary Amperex Technology Co Ltd (CATYL). Never heard of CATYL? It’s making batteries for electric vehicles for almost all the major European car brands.

This EV battery shortage is a great opportunity for Malaysia and its ambition to be a player in the automotive industry. Malaysia processes the rare earths essential for lithium-based EV batteries and, according to veteran auto industry veteran, Urs Muller, Malaysia’s best remaining chance for regional automotive status is to make batteries for EV’s.

Thailand is ahead in the assembly of EV’s and Indonesia with its 300 million population strong market and bullish economic growth is an irresistible magnet for car makers

On another front, TMC will strengthen its cooperation with Subaru so that both companies can accelerate the roll-out of BEVs.

At an earlier press conference on Thursday 6 June, TMC’s EVP said that the two companies will jointly develop a BEV-dedicated platform for C segment and D segments (midsize and large passenger vehicles).

The two companies will apply Subaru’s all-wheel-drive technologies and Toyota’s vehicle electrification technologies.

Based on the to-be-developed BEV-dedicated platform, the two companies will jointly develop a C-segment-class SUV for sale under each company’s own brand.

Bringing together their cultivated technologies, the two companies will jointly develop a BEV-dedicated platform (for midsize and large passenger vehicles).

The two companies will apply Subaru’s all-wheel-drive technologies and Toyota’s vehicle electrification technologies.

Based on the to-be-developed BEV-dedicated platform, the two companies will strengthen their 2005 business collaboration and jointly develop a C-segment-class

Beginning with the China debut of the electrified C-HR and IZOA vehicle models, Toyota plans to roll out more than ten BEV models globally during the first half of the 2020s, and is moving steadily forward to popularize electrified vehicles, setting a sales target of more than 5.5 million electrified vehicles globally by 2030.

As of the end of February 2019, Toyota has sold nearly 13 million electrified vehicles worldwide since the initial launch of Prius, a hybrid electric vehicle, in 1997. The volume of vehicles represents a reduction in global CO2 emissions of more than 103 million tons.