The compact SUV will be built on a dedicated EV platform called e-TNGA, and at least initially will be imported into Europe from Japan.
Beyond 2025, Toyota will consider building full electric vehicles in Europe.
Toyota expects that half of its sales in Europe by 2030 will be zero-emission vehicles, meaning about 700,000 to 750,000 vehicles in the region, which includes Russia, Turkey and former Soviet Union countries.
"We have a strategy that says we build where we sell, and certainly that volume of sales would necessitate local production," Toyota said. "We will bring some zero emission vehicles into the lineup prior to 2025, but not at the volume that it makes sense to initially produce locally".
"We're expecting to see further acceleration from 2025 to 2030 – this is when we'll really see the more dramatic shift in terms of full electrification," Toyota added.
Toyota has six assembly plants in its Europe region, in the Czech Republic, France, Portugal, Russia and the UK. About 70 percent of sales in the region are built there, Toyota says.
All Toyota BZ4X related discussions