Best known for its sooty SUVs, Australia’s dominant new vehicle brand Toyota is joining the rush to zero-emissions electric vehicles.
An all-electric, all-wheel drive wagon dubbed the bZ4X was unveiled at the Shanghai auto show on Monday and will be in Australia by early 2023.
It will be the first of a steady procession of battery electric models Toyota will sell in Australia.
The brand has also declared a goal locally to offer electrified models in almost all its vehicle lines by 2030, including the top-selling HiLux ute and LandCruiser full-size heavy-duty 4×4.
But while Toyota has a reputation as an affordable mass marketer, it has made clear the bZ4X will not be cheap, predicting it will initially sell in the hundreds rather than the usual Toyota thousands.
“Pricing will be announced closer to introduction, but this car will be expensive,” warned Toyota Australia sales and marketing boss Sean Hanley.
“This is due to significant research and development cost recovery. Like hybrids, battery electric vehicle adoption and affordability will take time, but certainly not 20 years.
“They will eventually become a sustainable means of mobility but the energy mix, battery technology and infrastructure are still being developed.”
Up-front pricing is a huge challenge for battery electric vehicles (BEVS) which, because of the expense of battery packs, can cost double the equivalent petrol-engined car.
Mr Hanley said the point of rolling out the bZ4X, which is about the same size as its top-selling RAV4 SUV, was to raise awareness of BEVs in Australia.
“The whole idea … is to put those cars out there, get people speaking about them, get people comfortable with the technology, to be able to demonstrate the technology,” he said.
“This will take a while to mature, but it won’t take 20 years to mature like hybrid did. I think you will see electrification fast track over the next decade.
“From Toyota’s perspective, it will broaden our product horizon, broaden our product offering and, therefore as scale builds, affordability becomes more realistic as well.”
Toyota bowing to the EV inevitable means that Australia’s three biggest selling brands – Mazda and Hyundai are No.2 and 3 – are all into EVs, despite paltry sales critics argue are triggered by a lack of significant federal government policy support rather than public disinterest.
In the US, EV sales are subsidised by tax credits and in Europe tough emissions standards impose multimillion-dollar fines on auto manufacturers who do not comply, forcing them to produce affordable EVs.
“While we would not be opposed to any government regulation at this stage it is not delaying Toyota in Australia from pursuing a CO2 reduction strategy on our products,” Mr Hanley said.
That stands in contrast to Volkswagen in Australia, which says its EV rollout is being delayed by a lack of government action.
Electric Vehicle Council CEO Behyad Jafari told The New Daily federal government backing would trigger a quick increase in EV sales.
“The writing is on the wall. This (EVs) is the direction the market is going in. It’s just happening slower in Australia,” he said.
“It’s not about whether it will happen at all here, it’s just why should it happen slower? Getting the bZ4X is one thing, but getting it here in much greater volume is the second challenge.”
Toyota is selling its expansion into BEVs as part of a zero-emissions model mix that also embraces hybrids and hydrogen fuel cell vehicles in Australia.
It is dominant in the hybrid market, selling 54,000 petrol-electric cars and light-duty SUVs here in 2020.
That makes Toyota a star performer in the Australian auto industry’s voluntary targets for passenger vehicle CO2 reduction.
But Toyota significantly exceeded its 2020 emissions targets for its extensive range of popular diesel-engined 4x4s and pick-ups, including the LandCruiser and HiLux.