The automaker is expected to launch an $80 million 2.5-liter hybrid truck in 2020, which it said would be the first “all-electric” truck to be sold in the United States.
The truck will be the company’s first to go into production in the U.S. since the 2010 Nissan Titan pickup, which launched in China.
The company said the new truck would offer better fuel efficiency and be capable of traveling up to 20 miles on a single tank of gasoline.
It will also be the biggest electric vehicle to hit the U-Haul market, and the first to hit U.K. soil.
Toyota will sell both trucks.
“The 2019 Toyota Tundra pickup will offer a hybrid option that offers both fuel efficiency benefits and enhanced safety features,” said Dave Mankiewicz, Toyota’s chief of vehicles engineering.
“Its new platform will allow the truck to travel a full 24 miles on one tank of fuel.
We are also excited about its new platform, which allows for greater cargo capacity, more comfortable driving, and improved performance.”
Toyota says it will begin producing the new hybrid in 2019.
The first production trucks will be built by 2021.