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Toyota plans to expand battery EV line-up in Europe to 6 models by 2026

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Toyota Motor said on Monday it would increase its line-up of battery electric vehicles in Europe to six models by 2026 and it expected such vehicles to make up more than 20% of new car sales in the region by then.The world’s largest automaker by sales said in a statement it expected to sell more than 250,000 battery-powered vehicles annually in Europe by 2026, as it seeks steep growth in a market where it has long been overtaken by rivals.On top of a battery EV the company is currently selling in Europe and a compact sports utility vehicle (SUV) concept it already showcased last year, Toyota unveiled two new concepts for models that it plans to sell in the region later this decade.One was a concept model for a battery-powered small SUV that it plans to launch in Europe in 2024 and the other was a concept for a sports crossover model that is scheduled for introduction in 2025, Toyota said in statements.

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