December 14 - 10:12
Toyota to accelerate investment in electric vehicles
Japanese automaker Toyota has revealed its plans to invest $35 billion to build a full lineup of 30 battery-powered electric vehicles by 2030. The company also plans to increase global sales of battery electric vehicles by 3.5m units a year by the end of the decade. At the moment, battery-only EVs make up only a fraction of Toyota's current sales, with the majority being hybrid models.
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