Toyota Motor Corporation has made a commitment to become carbon-neutral by 2050.
The car manufacturer seeks to continue to promote practical and sustainable reduction in carbon emissions by using its full lineup of electric vehicles (EVs), including plug-in hybrids and fuel cell EVs.
It aims to achieve carbon neutrality by providing the most suitable EVs “in response to the economic environment, energy policies, industrial policies and customer needs that differ from country to country and region to region”.
It plans to expand the total number of electrified models to around 70 by 2025.
Toyota believes it is necessary to integrate energy policies such as renewable energy and charging infrastructure, with industrial policies such as vehicle purchase subsidies, supplier support and battery recycling systems.
The company said in a statement: “In the course of our global business activities, Toyota will promote electrification strategies that contribute to reducing CO2 emissions throughout the entire lifecycle of a vehicle, while consulting with governments on how to improve the environment for the promotion of electrification.
“In addition, we will review public policy engagement activities through our company and industry associations to confirm they are consistent with the long term goals of the Paris Agreement and disclose our assessment and actions by the end of the year. We will also strive to provide more information so that our stakeholders can understand our effort to achieve carbon-neutrality.”