Toyota to show production-ready ultra-compact BEV at 2019 Tokyo Motor Show; introducing new BEV business model
Toyota Motor will display its new, production-ready Ultra-compact BEV (battery electric vehicle) at the FUTURE EXPO special exhibition of the 2019 Tokyo Motor Show ahead of the vehicle’s planned commercial launch in Japan in 2020. The next-generation mobility solution is designed to provide short-distance mobility while limiting impact on the environment.
The ultra-compact, two-seater BEV is specifically designed to meet the daily mobility needs of customers who make regular, short-distance trips such as the elderly, newly licensed drivers, or business-people visiting local customers. It can be driven a range of approximately 100 km on a single charge, reach a maximum speed of 60 km/h, and features an extremely short turning radius.
Toyota is also pairing its planned 2020 launch of the Ultra-compact BEV with a new business model that aims to promote the wider adoption of battery electric vehicles in general.
Toyota’s proposed BEV business model
This includes examining every step of the battery’s life, from manufacture through sale, resale or re-use, and recycling to maximize its value. In the near term, Toyota will focus on expanded leasing initiatives designed to recapture used batteries for evaluation and re-use as appropriate in pre-owned vehicles, as service parts, or even in non-automobile applications. Toyota is also developing peripheral services for battery electric vehicles such as recharging stations and insurance.
In addition, Toyota is exploring applications for its compact, short-distance BEVs beyond individual mobility. For example, the ultra-compact BEV in particular is well-suited to meet the mobility needs of municipalities working to create safe, unrestricted, and environmentally-friendly transportation options in urban or mountainous communities. To date, Toyota is already engaged with approximately 100 corporate and government partners to explore new transportation models that would include BEVs such as the Ultra-compact BEV, and is in ongoing discussions with others.
Ticketed Tokyo Motor Show attendees will be able to experience a range of Toyota’s ultra-compact BEV mobility solutions at the 2019 Tokyo Motor Show OPEN ROAD exhibit. The Toyota i-ROAD and three different Walking Area BEVs will be available for test rides along the 1.5 km long path connecting Aomi and Ariake.