Toyota Pursues Petrol but Sees Electric Potential in New Technology
by Naomi Tajitsu (Reuters) Toyota Motor Corp (7203.T) stuck to its commitment to improving petrol engines on Monday with new powertrain units, while flagging technologies which could find their way into electric vehicles (EVs) and hydrogen fuel cell vehicles (FCVs).
The Japanese automaker plans to keep refining its petrol engines and the hybrid technology it pioneered two decades ago while also developing battery operated cars as tightening global emissions rules drive a race for longer-range affordable EVs.
As high battery prices and range limitations restrain EV take-up, hybrids and plug-in hybrids would be dominant in coming years, Mitsumasa Yamagata, chief engineer at Toyota’s power train product planning division, said.
Cars using petrol engines in some form would still account for around 90 percent of all vehicles by 2030, he added.
“Developing the most fuel-efficient powertrains using petrol engines and hybrid systems will be the best way to have an impact (on reducing emissions), and we remain committed to this,” he said at a briefing on Toyota’s new 2.0 liter petrol engine and hybrid systems, which can improve fuel economy by 18 percent and 9 percent, respectively, over its current systems. READ MORE