Climate Policy Engagement: Toyota receives a grade of D in InfluenceMap’s assessment of corporate engagement on climate change policy, indicating misalignment with policy to deliver the Paris Agreement.
Forecasted 2030 Production: 29% of Toyota's light-duty vehicle production in 2030 is forecast to be electric vehicles (22% battery electric vehicles (BEVs), 7% plug-in hybrids, and 0% fuel cell electric vehicles (FCEV)). This compares negatively to the IEA’s 1.5°C scenario, which estimates that 66% of all car and van sales must be electric (BEV, PHEV or FCEV) by 2030 to meet a 1.5°C global temperature goal.
Climate Lobbying Overview: Toyota has strategic, mostly negative engagement with climate policy globally in 2022-24. Despite supporting the Paris Agreement, Toyota has opposed numerous policies to phase out internal combustion engine (ICE)-powered vehicles and introduce zero-emission vehicle (ZEV) targets in multiple regions. For example, Toyota has opposed the US federal light duty GHG emissions standards, the corporate fuel economy (CAFE) standards, and Australia’s fuel efficiency standards.
Toyota's full climate policy engagement profile is available here.
Internal decarbonization targets: Toyota has set a target of achieving carbon neutrality by 2050. As part of this broader goal, the company plans to reduce average CO2 emissions from vehicles sold worldwide by 33% by 2030 and by more than 50% by 2035 compared to 2019. Toyota plans to launch a "new dedicated BEV architecture" and release 10 new BEVs by 2026, which amount to annual sales of 1.5 million vehicles. It aims to have 30 BEV models and expected annual sales of 3.5 million BEVs by 2030 (estimated at around 32% of its light duty sales globally). Toyota’s global strategy is a multi-pathway approach to reducing CO2; by 2025, it plans to have an "electrified" option available for every Toyota and Lexus model globally, however this refers to a range of technologies including Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs). In Europe, Toyota has committed to 100% CO2 reduction in all new vehicle sales by 2035 in line with EU and UK regulations.
The vehicle production data for Toyota Motor can be filtered by region using the dropdown below
Toyota's forecasted fleet composition by technology: The IEA determined in its 2023 1.5C road transport scenario that 66% of all light-duty vehicle sales must be electric (battery electric vehicles, fuel cell electric vehicles and plug-in hybrids) by 2030 to meet the Paris Agreement’s 1.5°C goal. Globally, Toyota’s 2030 production forecast is misaligned with the IEA’s scenario. In 2030, Toyota is forecast to produce 29% electric vehicles (22% BEVs, 7% PHEVs and 0% FCEV), 47% ICE-powered hybrids and 24% combustion engine.
Toyota's forecasted vehicle size: Larger vehicles are a significant cause of increased GHG emissions from road transport, with smaller vehicles across different technologies generally producing fewer emissions. Toyota’s 2023 combined percentage proportion of SUVs and light commercial vehicles is approximately 57%, however this proportion is projected to increase to 59% through 2030.
Toyota's electric vehicle production compared: 29% of Toyota’s vehicles produced in 2030 are forecast to be electric (battery electric vehicles, plug-in hybrids or fuel cell electric vehicles), compared to an average of 53% for all automakers.
