tldrdailynews.com logo

Toyota's EV Strategy Shifts Under New CEO's Leadership.

1 min read
Source: Electrek
Toyota's EV Strategy Shifts Under New CEO's Leadership.
Photo: Electrek
TL;DR

Toyota plans to introduce 10 new EV models by 2026 with a goal of 1.5 million in electric vehicle sales. The automaker aims to achieve carbon neutrality over the entire cycle of its vehicles by 2050, with intermittent targets of reducing CO2 emissions by 33% by 2030 and over 50% by 2035. Toyota is also focusing on manufacturing efficiency with autonomous processes to drive down costs. However, the company is sticking to its "multi-pathway approach" including hybrids and fuel cell vehicles.

Topics:businessautomotive#automotive#carbon-neutrality#evs#hybrid-technology#koji-sato#toyota
Share this article
  1. Toyota's new CEO adjusts EV plans but sticks to a hybrid approach  Electrek
  2. Toyota to launch 10 new battery EV models by 2026, executive says  CNBC
  3. Toyota Finally Seems to Be Getting It  Jalopnik
  4. Tesla’s production innovations are influencing Toyota’s EV strategy: report  TESLARATI
  5. Toyota looks to overhaul EV strategy as new CEO takes charge  Yahoo News Canada

Want the full story? Read the original reporting

Read on Electrek