Toyota is on track to become the Japanese leader in BEV sales, surpassing Nissan, although questions remain about the automaker’s commitment to the segment.
Toyota Gigacasting Machinery: The gigacasting equipment can create one-third of a car body in just three minutes. Toyota aims to streamline its EV production, reduce plant investment, and minimize manufacturing preparation lead times, all in pursuit of its goal to sell 3.5 million EVs annually by 2030.
Revving up the electric vehicle business is the first priority for Koji Sato as the new chief executive of Toyota Motor Corp. strives to sharpen its competitive advantage as the world's No. 1 automaker.