Toyota Unveils New Battery Electric Vehicle with Goal of Full Autonomy by Fiscal 2027

MT Newswires Live

Sep 16

Toyota Motor (TYO:7203) began sales of its e-Palette battery electric vehicle on Sept. 15, designed for multi-use mobility services, according to a Monday statement by the company.

Shares of the Japanese automaker rose over 1% in Tuesday's afternoon trade.

The e-Palette offers a spacious interior and large windows, allowing it to function as a shuttle, mobile store, or entertainment vehicle. It features a low floor, wide sliding doors, electric ramp, and optional wheelchair fastening equipment for accessibility.

Equipped with Level 2 automated driving capability, Toyota plans to launch Level 4 automated versions by the fiscal year ending March 2027, conducting trials in collaboration with dealerships, municipalities, and automated driving partners.

The vehicle includes a Steer-by-Wire system, digital signage inside and outside, and safety monitoring for door operations.

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