Toyota unveils a new electric SUV, the bZ4X, and announces plans to introduce 70 new electric models globally by 2025

Toyota has recently unveiled the bZ4X, its first electric SUV, as part of its broader efforts to expand its lineup of electric vehicles (EVs) and reduce carbon emissions. The bZ4X is built on a new e-TNGA electric platform, which is a joint development effort between Toyota and Subaru, and is expected to be available for sale in major markets around the world in mid-2022.

In addition to the bZ4X, Toyota has also announced plans to introduce 70 new electric models globally by 2025, which will include battery-electric, fuel-cell electric, and hybrid-electric vehicles. The company has set a target to have EVs make up 15% of its global sales by 2025, and hopes to achieve carbon neutrality across its operations by 2050.

These moves represent a significant shift for Toyota, which has been slow to embrace EV technology in the past, preferring to focus on hybrid models instead. However, with global demand for EVs increasing and emissions regulations tightening in many countries, Toyota has recognized the need to expand its EV offerings in order to remain competitive in the market.