The king of hybrids is stepping up investment in pure electric vehicles (EVs). Toyota successfully established itself at the head of the hybrid movement nearly 20 years ago but its interest in EVs has been lukewarm, limited to the very low volume eQ model and the three-wheeler iRoad. That's about to change as lays out plans for an in-house venture company specifically to focus on EVs.
Subscribe to Automotive World to continue reading
Sign up now and gain unlimited access to our news, analysis, data, and research
Already a member?
