Toyota ramps up EV investment to US$3.5 billion

Jen-Chieh Chang, Taipei; Yusin Hu, DIGITIMES Asia Thursday 16 December 2021 0

Toyota's EV push. Credit: DIGITIMES

Toyota has announced that it is ramping up investment in EVs and batteries and raising sales target. The Japanese carmaker said on December 14 it will funnel JPY4 trillion (US$3.5 billion) for BEV and batteries by 2030, out of a total of JPY8 trillion...

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