Japan’s Toyota Promises More Electric Models, Investment

Japan’s Toyota Promises More Electric Models, Investment
Toyota Motor Corp. President Akio Toyoda gestures for photographers during a press conference regarding battery EV strategies, in Tokyo, Japan, on Dec. 14, 2021. Eugene Hoshiko/AP Photo
The Associated Press
Updated:

TOKYO—Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030, its president, Akio Toyoda, said Tuesday.

Toyota Motor Corp. plans to sell 3.5 million electric vehicles globally in 2030, he said, up from its earlier plan to sell 2 million zero emission hydrogen and battery electric vehicles a year worldwide by 2030. Toyota now sells about 10 million vehicles globally a year.