Toyota Motor announced on Monday that it would phase out models which are only available with internal combustion engines by around 2025.
The company said that in 7 years, all models sold globally by the automaker will be either electric vehicles, plug-in hybrids, hybrids, or conventional models that will have electrified versions.
The first electric vehicles will be released in China by 2020, followed by Japan, India, Europe and the U.S. Toyota also revealed plans to launch over 10 new models globally in the first half of 2020.
The Japanese company also promised to increase the range of fuel cell vehicle models, an area of focus, on offer by the next decade, and would do the same for hybrid vehicles and plug-in hybrid vehicles.
Last week Toyota revealed it was planning a tie-up with electronics maker Panasonic to set key standards for the batteries used in electric vehicles.