Toyota has announced that it plans to step up in the EV market with the introduction of 10 new EV models by 2026.
Vice President of Toyota Motor, Hiroki Nakajima, announced that by 2026, Toyota plans to release 10 new EV models which would amount to about 1.5 million vehicles in sales annually.
Newly elected Koji Sato, the President and CEO of Toyota Motor is concerned about the unimpressive performance in Toyota’s sales of EV and pledged to pursue electrification “in a practical manner,” matching the carmaker’s product line up to the demands of particular regions.
(more…)