Renewables

Toyota Plans a Key (U.S.) Move in New Electric-Vehicle Strategy

Along with welcoming a new CEO, Toyota is making a big change in its approach to electric vehicles.

Toyota  (TM) – Get Free Report is amping up in the U.S.

The company is looking to make about 200,000 EVs in the U.S. annually from 2026 onward, accounting for nearly 20% of its output in the country, along with production in Japan, China and India.

Toyota wants to supply 1 million worldwide per year by that time, the Nikkei has reported.

Read more here: https://www.thestreet.com/electric-vehicles/toyota-plans-a-key-us-move-in-new-electric-vehicle-strategy

Categories
RenewablesStocks