Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo  >  Toyota Motor Corporation    7203   JP3633400001

TOYOTA MOTOR CORPORATION

(7203)
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Toyota's luxury Lexus brand plans battery EV launch in 2020

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/23/2019 | 02:07am EST
Tokyo Motor Show 2019

TOKYO (Reuters) - Toyota Motor's Lexus will launch its first all-battery electric vehicle next year, as the luxury brand races to market a battery-operated car amid growing competition to develop zero-emissions vehicles, the head of the brand said on Wednesday.

At the unveiling of a concept model of a futuristic EV hatchback ahead of the Tokyo Motor Show, he added that the goal is for sales of Lexus electric vehicles, including battery electrics and gasoline hybrids, to outpace sales of the luxury brand's gasoline vehicle models by 2025.

The Lexus model will be Toyota's first full-sized, battery operated passenger car as the Japanese automaker catches up with rivals, including Nissan Motor Co and Tesla Inc , which have marketed battery EVs for years.

"Initially, we will release products in China, North America, and other regions where demand for 'pure' EVs is high," Lexus International President Yoshihiro Sawa told reporters, adding that the brand would announce details for the upcoming model next month.

Global automakers are expanding their vehicle offerings to include more electrified models to comply with tightening global emissions regulations, but demand for more environmentally friendly cars has been growing slowly due to their high price.

(Reporting by Naomi Tajitsu; Editing by Muralikumar Anantharaman)

Stocks mentioned in the article
ChangeLast1st jan.
NISSAN MOTOR CO., LTD. -1.40% 670.8 End-of-day quote.-21.64%
TESLA INC. 1.92% 359.05 Delayed Quote.5.84%
TOYOTA MOTOR CORPORATION -0.85% 7688 End-of-day quote.24.40%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TOYOTA MOTOR CORPORATION
08:52aBoard of directors meeting of Hinopak Motors Limited
AQ
11/20TOYOTA MOTOR : Refines Rehabilitation Assist Robot and Launches New Welwalk WW-2..
PU
11/20GM sues Fiat Chrysler, alleging union bribes cost it billions
RE
11/20COMCAST : U.S. regulator proposes splitting auto safety spectrum to boost Wi-Fi
RE
11/20Election of Directors of Hinopak Motors Limited
AQ
11/20TOYOTA MOTOR : Revs Up Lineup with New 302-Horsepower RAV4 Prime
AQ
11/19TOYOTA MOTOR : The Stunning Lexus LC 500 Convertible Makes its Global Debut at t..
AQ
11/19Trump can no longer impose 'Section 232' auto tariffs after missing deadline ..
RE
11/19TOYOTA MOTOR : New Model Yaris Makes World Premiere; New-generation compact car ..
AQ
11/19Qt World Summit Tokyo 2019 Features Partner and Customer Keynotes from Amazon..
AQ
More news
Financials (JPY)
Sales 2020 30 125 B
EBIT 2020 2 559 B
Net income 2020 2 295 B
Debt 2020 14 848 B
Yield 2020 2,99%
P/E ratio 2020 9,68x
P/E ratio 2021 9,26x
EV / Sales2020 1,21x
EV / Sales2021 1,20x
Capitalization 21 521 B
Technical analysis trends TOYOTA MOTOR CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 8 294,00  JPY
Last Close Price 7 716,00  JPY
Spread / Highest target 29,6%
Spread / Average Target 7,49%
Spread / Lowest Target -24,8%
EPS Revisions
Managers
NameTitle
Akio Toyoda President & Representative Director
Takeshi Uchiyamada Chairman
Koji Kobayashi CFO, Representative Director & EVP
Shigeki Terashi Director & Executive Vice President
Shigeru Hayakawa Vice Chairman
Sector and Competitors
1st jan.Capitalization (M$)
TOYOTA MOTOR CORPORATION24.40%197 288
VOLKSWAGEN AG26.33%97 434
DAIMLER AG9.13%59 310
BMW AG3.71%52 304
GENERAL MOTORS COMPANY5.47%50 408
HONDA MOTOR CO., LTD.10.43%49 904