NAGOYA, Japan — Toyota Motor announced plans to produce 10.5 million vehicles worldwide in 2027, aiming to exceed 10 million units for the first time since 2023. This increase is driven by growing demand for hybrid vehicles. The automaker also intends to develop next-generation hybrid batteries in the coming years to support this expansion.

One of Toyota's popular models, the RAV4 compact sport utility vehicle, exemplifies the company's hybrid strategy.

This production goal reflects Toyota's commitment to hybrid technology amid evolving automotive market trends.

Sources