Toyota is taking another step into the world of green energy by investing in electric cars.
The company’s new sector for developing a fully electric vehicle will be small according to the Dallas Business Journal, but the goal is to make a long-range electric vehicle.
The electric vehicle team will be established early next year. Current plans are to develop a car that can travel more than 186 miles on a single charge, according to Rueters. Toyota expects to have the vehicles on the road by 2020.
Toyota originally focused only on hydrogen-powered vehicles as the future of autos, according to an Engadget article.
The new venture into green energy follows the company’s announcment in June that 25 percent of its new North American headquarters in Plano would be powered by solar energy. By 2050, it’s also planning to make all of its vehicles emissions-free, according to Rueters.
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