Last year, its TMG EV P002 electric race car finished the 12.42-mile uphill course in 10 minutes, 15:38 seconds, and Toyota hopes to better that time with an improved model.
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VIDEO: Toyota announces an entry for the Pikes Peak International Hill Climb
The TMG EV P002 has a predicted top speed of 149 mph, with 350 kW of power from its two EVO axial flux motors.