Hyperdrive

Toyota’s Technology Chief Lays Out a Path to Selling Millions of EVs

  • Carmaker is confident about 1.5 million EV sales goal for 2026
  • Development and production teams will be ready, Nakajima says
WATCH: Toyota is sounding more confident in its ability to build and sell millions of electric vehicles as the world’s largest automaker plays catch-up to Tesla and China’s BYD.Source: Bloomberg
Lock
This article is for subscribers only.

Toyota Motor Corp. executives are sounding more confident in their ability to build and sell millions of electric vehicles.

Consumers making the transition to fully electric cars from hybrids are giving the world’s largest automaker a good indication of where the market will be in three years, Chief Technology Officer Hiroki Nakajima said during a day-long set of technology briefings last week at Toyota’s research facility near Mount Fuji.