Toyota Motor Corp. will introduce 10 new battery-powered models and target sales of 1.5 million EVs a year by 2026, aiming for steep growth in a market where it has long been lapped by rivals.
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Toyota, including its Lexus luxury brand, now has just three battery electric vehicles in the market and it sold fewer than 25,000 of those worldwide last year
Toyota Motor Corp will introduce 10 new battery-powered models and target sales of 1.5 million EVs a year by 2026, aiming for steep growth in a market where it has long been lapped by rivals.