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Friday 12 May 2023
Toyota teases future EV, plans three-row electric SUV by 2026
Toyota made a number of announcements that suggest it might be stepping up its electric vehicle strategy versus what has been previously announced.
In an annual roundup of the company’s financial results presented on Wednesday, president and CEO Koji Sato stated that it plans to launch ten models ranging from luxury vehicles to compact cars and commercial vehicles, “mainly in the United States and China.”
The executive re-upped the company’s target of 1.5 million battery electric sales by 2026 as a “base volume,” and said that for battery supply it “will seek to speedily secure the necessary volume by increasing our in-house production capacity and collaborating with our partners.”
Read the whole story on greencarreports.com