Toyota Accelerates Electrification Initiatives in

Rolling Out Electric Vehicle in 2020 and Expanding Scope of Fuel Cell Vehicle Feasibility Study to Include Commercial Vehicles

Guangzhou, China, Nov 17, 2017 - (ACN Newswire) - Toyota Motor Corporation (Toyota) announced today that it will be rolling out an electric vehicle under the Toyota brand in the Chinese market in 2020, and that the scope of a fuel-cell vehicle feasibility study will be expanded to cover commercial vehicles such as buses.

For years, Toyota has developed China-made hybrid units and expects to sell a total of approximately 100,000 units of the Corolla Hybrid and Levin Hybrid models in 2017, both of which feature domestically-produced hybrid units.

In addition, development of plug-in hybrid variants of the Corolla and Levin is underway in preparation for their rollout. "We will use the technology we have nurtured in hybrid electrification to carry out extensive development of new energy vehicles(1) as required by China," said Senior Managing Officer and CEO of the China Region, Hiroji Onishi.

Recently, the TMEC(2) Hydrogen Station has been completed for fuel cell vehicles, and verification is being carried out under a three-year plan from October using two Mirai vehicles. Toyota will also study and evaluate the feasibility of using commercial vehicles, such as buses, in China to explore the potential usage of fuel cell technology. Fuel cell buses have already been introduced in Japan and a feasibility study on potential usage of fuel cell technology in heavy-duty trucks in the U.S. are ongoing. Toyota is also proceeding with demonstration tests of fuel-cell vehicles with Mirai in countries such as Australia, the U.A.E., and Canada. Ultimately, Toyota aims to achieve a hydrogen-based society through verification under a range of environments.

Also at Auto Guangzhou 2017, Toyota announced the rollout of a second TNGA(3) vehicle in the middle of next year--a compact SUV (known as the IZOA, or C-HR) fitted with a newly developed 2.0-liter TNGA engine--following the launch of the Camry in China, the first vehicle developed using TNGA.

Overview of the TMEC Hydrogen Stationhttp://www.acnnewswire.com/topimg/Low_OverviewTMECHydrogenStation.jpg

Completed TMEC Hydrogen Stationhttp://www.acnnewswire.com/topimg/Low_CompletedTMECHydrogenStation.jpg

(1) Includes electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles.(2) Toyota Motor Engineering & Manufacturing (China) Co., Ltd.(3) Toyota New Global Architecture

About Toyota

Supported by people around the world, Toyota Motor Corporation (TSE: 7203; NYSE: TM), has endeavored since its establishment in 1937 to serve society by creating better products. As of the end of December 2013, Toyota conducts its business worldwide with 52 overseas manufacturing companies in 27 countries and regions. Toyota's vehicles are sold in more than 170 countries and regions. For more information, please visit www.toyota-global.com.

Source: Toyota

Contact:

Public Affairs Division
Global Communications Department
Toyota Motor Corporation
Tel: +81-3-3817-9926

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