Toyota plans 30% increase in hybrid output by 2028

Toyota Prius. Picture: SUPPLIED
Toyota plans to boost production of hybrid and plug‑in hybrid vehicles such as the Prius. Photo: Supplied

Toyota plans to boost production of hybrid and plug‑in hybrid vehicles to about 6.7-million cars by 2028, 30% higher than its 2026 target, the Nikkei business daily reported on Wednesday.

The world’s largest carmaker is aiming to raise global output to about 11.3-million vehicles in 2028, roughly 10% above its 2026 plan, the paper said, adding that hybrids would account for about 60% of production, up from around 50% this year.

Toyota said it provides a rough estimate of future production prospects to suppliers and other partners every year as a reference for their planning, emphasising that these figures are a reference and not production or sales plans.

Reuters


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