Toyota Wants To Cash In Billions By Selling Its New Gas Engines To Other Companies

Toyota is aiming to monetize its gasoline know-how by building a new generation of internal-combustion engines and selling them to other automakers, despite the industry’s shift to electrification. While many rivals are updating existing engines for stricter rules like the upcoming Euro 7, Toyota plans a fresh engine family. Automotive News reports Toyota expects roughly €1.5 billion ($1.7 billion) annually from external powertrain sales by 2032. Orders targeted for this year are about €500 million ($562 million), with deliveries of next-generation engines and hybrid powertrains expected to start as early as 2027. Toyota hasn’t named customers, but ties with Daihatsu, Subaru and Mazda could provide an initial production ecosystem spanning around 16 million vehicles annually across the brands that already use Toyota tech in parts of their hybrid systems.