Read the text below.
The Tokyo car show is back in town and Japan’s car makers are presenting a future that is more than just electric.
It’s the first day of the Japan Mobility Show and Toyota’s President Koji Sato is promising the new wave of electric cars can be anything drivers want them to be: sports, SUVs, or vans for business. He says the technology is in place to deliver.
According to Sato, the new EVs are more than just a drive, but rather an extension of a lifestyle.
Autocar Editor Mark Tisshaw says the lineup at the motor show is impressive. “There’s been some really really exciting new concept cars, one of them being from Mazda, a new little sports car that shows the future of the MX5 (Roadster in Japan/Asia). Nissan has shown a whole host of new concepts, as has Toyota. So the big manufacturers in Japan have made up for the four-year absence of the show here in Tokyo with a load of exciting new reveals.”
According to Tisshaw, China’s move into EVs has galvanized demand for electric cars in general.
“The rise of EVs particularly in China, that are now being exported all over the world with lower prices, have really accelerated the development of electric cars globally including in Japan. A lot of the electric cars, electric car concepts we see here might not be on sale for the next two or three years globally, however, when these cars go on sale made by the Japanese makers, we expect them to catch a real second wave of interest in EV makers. Longer-term Japan will be in a very strong position.”
The Americans make up a very tiny fraction of Japanese auto sales and have had a hard time cracking a market where domestic makers remain powerful.
Toyota executives have acknowledged that Japan’s top automaker has fallen behind rivals in EV development like Tesla of the U.S. and China’s BYD Auto. That is partly because of Toyota’s past success in hybrids, exemplified in the Prius.
Toyota is targeting sales of 1.5 million EVs a year by 2026 and 3.5 million by 2030.
This article was provided by The Associated Press.