Toyota Aims to Boost Hybrid Output by 30% to 6.7 Million Units by 2028

Toyota Motor Corporation announced plans to increase its annual production of hybrid vehicles—including plug-in hybrids—to 6.7 million units by 2028, representing a roughly 30% increase from current levels. According to the company's roadmap, it aims to produce 5 million such vehicles annually by 2026, signaling a significant acceleration in production capacity over the next two years. Additionally, Toyota will substantially expand hybrid vehicle production in the United States to meet growing global demand for fuel-efficient models.