Toyota Accelerates Hybrid Shift with Corolla and RAV4
Toyota Motor Corporation is accelerating its phase-out of gas engine vehicles for its flagship models in Japan. Starting in May, all four models in the popular Corolla series will transition to hybrid vehicles (HVs) with the launch of updated versions.
The RAV4, a sport utility vehicle (SUV), is set for a full redesign by 2025. It will also no longer be available with a gasoline engine. Toyota's new SUV, RAV4
HVs emit less carbon dioxide than gasoline-powered cars and don't face the range limitations of electric vehicles, fueling a strong rise in demand. Toyota's global HV sales increased by 31.1% in FY 2023 and by 21.4% in FY 2024. This marks two consecutive years of double-digit growth.
The four Corolla models that have discontinued gasoline-powered engines are the sedan Corolla, the station wagon Touring, the hatchback Sport, and the SUV Cross.
Now in its sixth generation, the new RAV4 is the first model to exclude a gasoline-powered option. It's offered as a hybrid and a plug-in hybrid vehicle.
(Read this report in Japanese .)
Author: The Sankei Shimbun
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Japan Forward
2 days ago
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Toyota Accelerates Hybrid Shift with Corolla and RAV4
Toyota Motor Corporation is accelerating its phase-out of gas engine vehicles for its flagship models in Japan. Starting in May, all four models in the popular Corolla series will transition to hybrid vehicles (HVs) with the launch of updated versions. The RAV4, a sport utility vehicle (SUV), is set for a full redesign by 2025. It will also no longer be available with a gasoline engine. Toyota's new SUV, RAV4 HVs emit less carbon dioxide than gasoline-powered cars and don't face the range limitations of electric vehicles, fueling a strong rise in demand. Toyota's global HV sales increased by 31.1% in FY 2023 and by 21.4% in FY 2024. This marks two consecutive years of double-digit growth. The four Corolla models that have discontinued gasoline-powered engines are the sedan Corolla, the station wagon Touring, the hatchback Sport, and the SUV Cross. Now in its sixth generation, the new RAV4 is the first model to exclude a gasoline-powered option. It's offered as a hybrid and a plug-in hybrid vehicle. (Read this report in Japanese .) Author: The Sankei Shimbun
CTV News
3 days ago
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The Bank of Japan kept interest rates steady on Tuesday and decided to decelerate the pace of its balance sheet drawdown next year, signaling its preference to move cautiously in removing remnants of its massive, decade-long stimulus. According to an estimate by the Japan Research Institute, if all the threatened tariff measures against Japan were to take effect, U.S.-bound exports will fall by 20 per cent to 30 per cent. Some economists say those duties could shave around 1 percentage point of the nation's gross domestic product. (Reporting by Makiko Yamazaki, Kantaro Komiya and Tim Kelly; Additional reporting by David DolanEditing by Shri Navaratnam and Muralikumar Anantharaman)
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