Toyota Motor Corporation has announced its policy of aiming for practical application of "all-solid-state batteries" to replace current batteries in EVs = electric vehicles as early as 2027. On the other hand, we plan to strengthen hydrogen-fueled vehicles and promote decarbonization efforts through a complex strategy.

According to the future decarbonization strategy announced by Toyota Motor Corporation, we will change our previous plan to install "solid-state batteries" in hybrid vehicles to replace the current batteries, and aim to commercialize them in EVs as early as 2027.

On the other hand, for the next-generation model scheduled to be launched in 2026, the company plans to reduce investment in production lines by having cars that are still being assembled in the plant drive on their own, and to reduce development and production costs by halving the current costs by improving the air resistance of the vehicle body.

We plan to launch these highly competitive models in 2030.350 million units out of our global sales target of 170.<> million units in <>.

On the other hand, we plan to accelerate the commercialization of hydrogen-fueled fuel cell vehicles, mainly for commercial vehicles such as trucks.

By strengthening the European and Chinese markets and partnering with other companies, we aim to reduce costs by 2030% by 37.

Toyota plans to promote decarbonization efforts through this complex strategy, and the focus will be on how to make its presence felt in the global shift to EVs.