Toyota Says Low-Range Electric Cars Are Cheaper To Build Than Hybrids

Toyota’s chief engineer says that electric powertrains have developed to the point where it is now cheaper to build low-range electric cars than it is to produced hybrids.

According to Satoshi Ogiso, who recently spoke to Forbes, the future of automobiles will be purely electric powertrains but that for the moment, those with acceptable ranges will remain more expensive than hybrids until 2025.

“The cost of pure electric depends very much on range. Up to 250km (155 mile) range, battery-electric vehicles already can be built for less money than hybrids.

“However, the market generally wants more range. With a range above 300km (186 mile) a battery-electric vehicle will remain more expensive at least through 2025,” Ogiso confirmed.

In the coming 10 to 20 years, Toyota expects that between 50 per cent and 60 per cent of its models will be hybrids or fuel cells while upwards of 30 per cent will be fully electric. However, it is going to take quite some time for EVs to dominate the market with company predictions asserting that by 2050, 90 per cent of new vehicles will be electric.

Beyond the future of electric powertrains, Ogiso also revealed that the Japanese marque is able to produce a hybrid car with an automatic transmission for the same price that it can create a diesel-powered model. As automakers are forced to comply with stricter diesel emissions targets post-dieselgate, hybrids for Toyota will soon become cheaper, effectively killing off its diesel-powered models.


  • GreenMonkeyPants

    Interesting, coming from Toyota, who hasn’t built a full EV since their only foray into the market ended in 2014 with the RAV4 EV.

  • Ken Lyns

    Kinda makes sense. There’s the Chevy Bolt available soon.

  • Feet

    Toyota living in a cave.

Rolls-Royce Says Production Could Be Crippled By Brexit Issues

Rolls-Royce remain wary about Brexit and its impacts.

Post Malone Shows Off His 602 HP Hennessey VelociRaptor 6×6

Among the host of custom options, Hennessey has also fitter a custom mount for… a .50-caliber machine gun!.

641 HP VW Golf R Owns The Drag Strip, Humiliates Tuned Muscle Cars

This heavily tuned hot hatch is fast enough to teach a 900+ hp Hellcat an nice lesson .

2019 Detroit Auto Show A-Z Guide To All The Car Debuts (Day 2)

A list of all the production and concept cars at the 2019 Detroit Auto Show.

New Mercedes-Benz A-Class Sedan Starts At $32,500, Only $600 Less Than CLA

We’d definitely take the new Mercedes A-Class Sedan over an A3.

That $121,000 Toyota Supra Is Back Up For Sale…For Half A Million Dollars!

Less than a month has passed, but the dealer wants an additional $379,000.

QX30 Has A Date With Death, But An “All-Infiniti” Replacement Is In The Works

Despite being largely identical to the Mercedes GLA, the Infiniti QX30 was outsold 3:1.

Top Gear Teases Final Season With Matt LeBlanc

The 26th series with be the last with Matt LeBlanc and Rory Reid.

Infiniti QX Inspiration Concept Broke Down In Detroit, Got Covered By The Tarp Of Shame

The break down left Infinit’s design boss in an awkward position on stage.

New 4-Series M Sport Individual Headlines BMW’s 2019 Spring Updates

BMW’s latest special edition features an assortment of goodies from BMW M and BMW Individual.