Toyota has been known for resisting the EV transition, but things are about to change big time.
Plus… it will invest $18 billion(2 trillion) in battery development.
And wait for it: Toyota will fully electrify its luxury sub-brand Lexus by 2035.
Why are the new numbers so impressive?
But lets remember the automakers previous commitments.
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Still, the Japanese automaker isnt giving up on its other green(ish) vehicles.
Toyoda remarked:
The situation around energy differs from region to region.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
