TOKYO - Toyota, under new environmental targets, will be selling hardly any regular gasoline vehicles by 2050, only hybrids and fuel cells, to radically reduce emissions.
Toyota Motor Corp. announced its ambitious vision at a Tokyo museum Wednesday, promising to push governments, affiliated companies and other “stakeholders” to by 2050 reduce average emissions from Toyota cars by 90 per cent compared with 2010 levels.
The Japanese automaker projected its annual sales of fuel cell vehicles will reach more than 30,000 by about 2020.
It says annual sales of hybrid vehicles will reach 1.5 million so by 2020 Toyota would have sold 15 million hybrid vehicles, nearly twice what it has sold so far around the world.
Electric vehicles weren't part of its vision.