The world’s best-selling car of all time is going electric. Toyota’s next-generation Corolla EV will debut on a new platform as “a considerable sense of crisis” forces the company to reinvent itself. When is Toyota launching the next-gen Corolla EV? With 12 model changes and over 57 million units sold since its launch 60 years ago, the Toyota Corolla has surpassed the Volkswagen Beetle to become the world’s best-selling vehicle. The Corolla is “a symbol of Toyota,” Akio Toyoda, the company’s current chairman and former CEO, said during a recent interview with Japanese media NHK. The special broadcast that aired on Sunday, July 19, went behind the scenes at Toyota’s “top-secret” development site, where the next-generation Corolla is being built. Advertisement – scroll for more content While Toyota remained the world’s largest automaker in 2025, the Japanese car giant is feeling the pressure as Tesla and Chinese automakers like BYD are forcing the industry to adapt or get left behind. “There seems to be a considerable sense of crisis within the company,” Toyoda told NHK …